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coinpedia
2024-04-06 05:24:26

SEC WINS – NY Jury Holds Terraform Labs and Founder Do Kwon Liable in Civil Fraud

SEC WINS – NY Jury Holds Terraform Labs and Founder Do Kwon Liable in Civil Fraud

The post SEC WINS – NY Jury Holds Terraform Labs and Founder Do Kwon Liable in Civil Fraud appeared first on Coinpedia Fintech News A New York jury in Manhattan Federal Court has found the Singapore-based Terraform Labs and its founder Do Kwon, liable for civil fraud charges. The verdict was passed after just two weeks of trial, which held the U.S. Securities and Exchange Commission’s allegations of misleading investors in 2022 as true and made the prosecutors declared …

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