Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
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On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks. The trial culminated in the jury’s decision in a federal courtroom subsequent to […]
The ruling is unrelated to the collapse of TerraUSD Do Kwon, who now lives in Singapore, had argued the SEC has no jurisdiction over him Do Kwon, the infamous founder and CEO of Terraform Labs, is... [[ This is a content summary only. Visit my website for full links, other…
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…