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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.

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SEC lawsuit against Terraform Labs carries on

Crypto bad boy’s appeal denied, despite recent Ripple Labs ruling

2 years ago

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The Register broke the news in 2 years ago on Tuesday, August 1, 2023.

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