SEC charges Terra and Kwon with defrauding investors
28 Articles
28 Articles
Terra founder Do Kwon charged with fraud over its $40 billion crypto crash
Image: Getty Images The US Securities and Exchange Commission is suing the creator of the collapsed Terra blockchain protocol for securities fraud following last year’s meltdown that sent reverberations throughout the cryptocurrency industry. According to the SEC’s complaint, Terraform Labs and its co-founder Do Kwon “perpetuated a fraudulent scheme that led to the loss of at least $40 billion of market value.” Last September, South Korea issue…
U.S. SEC charges Terra founder Do Kwon with fraud
By Hannah Lang (Reuters) -The U.S. Securities and Exchange Commission has charged crypto developer Do Kwon and his company Terraform Labs with defrauding investors in what the regulator deemed a multibillion-dollar scheme, according to a
U.S. SEC charges Terra founder Do Kwon with fraud
The U.S. Securities and Exchange Commission has charged crypto developer Do Kwon and his company Terraform Labs with defrauding investors in what the regulator deemed a multibillion-dollar scheme, according to a filing in federal court.
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