Cryptocoins News / EthereumWorldNews - 2 years ago
The SEC has sued Do Kwon and his defunct crypto firm Terraform Labs.& The fugitive founder is being charged with orchestrating a multi-billion dollar crypto asset securities fraud.The SEC has alleged that Kwon misled investors about the stabilit...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities wa...
Bitcoin News / Google News Bitcoin - 2 years ago
Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud – Regulation Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoinist - 2 years ago
Nearly a year after the demise of Terra and it’s UST stablecoin, the SEC is in pursuit. It’s the latest in a suite of regulatory hammers that the Securities and Exchange Commission has been bringing to the pavement in crypto lately.
Terra...
Cryptocoins News / The Cointelegraph - 2 years ago
"We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities," said SEC chair Gary Gensler...
Cryptocoins News / The Cointelegraph - 2 years ago
Terraform Labs is the founder of US Dollar Terra (UST), an algorithmic stablecoin that lost its peg in May. Albright Capital has dropped its lawsuit against Terraform...