Published 1 year ago

SEC charges Terra and Kwon with defrauding investors

Summary by Ground News

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 in the Southern District of New York.

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Reuters

U.S. SEC charges Terra founder Do Kwon with fraud

1 year ago·United Kingdom

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CNN

SEC charges Terra founder Do Kwon with fraud

The US 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.

1 year ago·Atlanta, United States

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CNBC

SEC charges Do Kwon, Terraform with fraud in connection with Terra collapse

The SEC charged Terraform and its CEO, Do Kwon, with fraud, alleging that they bilked investors out of billions of dollars.

1 year ago·United States

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Channel News Asia

US 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 in the Southern District of New York.Kwon founded blockchain platform Ter

1 year ago·Singapore

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Benzinga

Do Kwon, Terraform Labs Charged With Fraud By SEC, But He's Nowhere To Be Found

Terraform Labs and its CEO Do Kwon, are facing fraud charges brought by the Securities and Exchange Commission (SEC) Thursday for the alleged sale of unregistered securities and misleading investors. What Happened: The charges stem from Terraform and Kwon's offering and sale of crypto asset securities, including algorithmic stablecoin Terra USD (CRYPTO: UST) and the MIR token, as well as security-based swaps designed to mirror the price of U.S. …

1 year ago·New York, United States

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Bloomberg

SEC Sues Over TerraUSD Stablecoin That Rocked Crypto

The US Securities and Exchange Commission accused crypto entrepreneur Do Kwon and the firm he co-founded of a fraud involving the failed TerraUSD stablecoin.

1 year ago·United States

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