On 5 April 2024, a jury in the United States District Court for the Southern District of New York found Terraform Labs and Do Kwon liable for defrauding investors in crypto asset securities. The Court had previously found they unlawfully offered and…
SourceOn 28 December 2023, the United States District Court ruled in favour of the Securities and Exchange Commission (SEC) in a lawsuit against Terraform Labs and its former CEO, Do Kwon. The Court granted summary judgment for the SEC on the claim that T…
SourceOn 31 July 2023, the US District Court for the Southern District of New York issued its opinion and order regarding the motion filed by Terraform Labs and CEO Do Hyeong Kwon to dismiss the complaint filed on 16 February 2023 by the Securities and Ex…
SourceOn 16 February 2023, the US Securities and Exchange Commission (SEC) filed a complaint against Terraform Labs and CEO Do Hyeong Kwon with the US District Court for the Southern District of New York for allegedly violating Section 5 and Section 17 of…
Source