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Terraform Labs claims case against Do Kwon is ‘highly politicized:’ WSJ

Summary by Ground News
Terraform Labs, the company behind the development of the Terra (LUNA) blockchain, said South Korea's case against its co-founder Do Kwon has become political. The company alleged prosecutors expanded the definition of a security in response to public pressure. South Korea is moving to regulate the space with its financial regulator, the Financial Services Commission (FSC) preparing guidelines for security tokens by the end of 2022.

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Bloomberg broke the news in United States on Thursday, September 29, 2022.
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