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Bitcoin Bitcoin Share: 49.84%
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Bitcoinist
2024-04-23 23:00:56

Terraform Labs And Do Kwon Face $5.3B Penalties In SEC Fraud Case

Terraform Labs And Do Kwon Face $5.3B Penalties In SEC Fraud Case

In a significant development in the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Terraform Labs, a jury has found the blockchain protocol and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022. In response, the SEC has filed a motion seeking

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