Cryptopolitan on MSN11mon
UPDATE: Terraform Labs vs SEC; Trial Begins without Do KwonN ew developments in the civil battle between Terraform Labs and the SEC, as the court battle begins despite the glaring ...
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Terraform Labs founder Do Kwon built ‘house of cards,’ SEC lawyer says at crypto fraud trialUS District Judge Jed Rakoff granted the SEC a partial win in December, ruling that Terraform Labs had unlawfully sold digital assets without registering them as securities. The judge dismissed ...
A judge at the Manhattan federal court granted a delay in a status conference planned for Do Kwon, the embattled co-founder ...
A jury found Kwon and Terraform Labs liable on civil fraud charges at trial, and Kwon and Terraform decided to settle with the SEC before a second phase of the trial that would have determined the ...
He was arrested in Montenegro last March. The case is SEC v Terraform Labs Pte Ltd et al, U.S. District Court, Southern District of New York, No. 23-01346.
Do Kwon’s U.S. trial has been delayed until April 10 as prosecutors review over 4TB of new evidence, including data from his ...
crypto case-related court rulings raised uncertainty about the SEC’s plans to appeal against the Programmatic Sales of XRP ruling. In December 2023, Judge Jed Rakoff ruled Terraform Labs and Do ...
Do Kwon, co-founder and CEO of Terraform Labs at the company's office in Seoul, South Korea, April 14, 2022. Kwon is counting on the oldest cryptocurrency as a backstop for his stablecoin ...
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