Published 3 years ago • loading... • Updated 3 years ago
SEC lawsuit against Terraform Labs carries on
Summary by Ground News
A Manhattan judge ruled on Monday that a lawsuit from the US Securities and Exchange Commission (SEC) against Terraform Labs and its founder Do Kwon will continue as planned. The company and founder were charged with "with orchestrating a multi-billion dollar crypto asset securities fraud" The next stage for the lawsuit is discovery phase, barring any settlement or dismissal.