Terraform Labs and its partners ask court to dismiss SEC charges
Terraform Labs and its co-founder Do Kwon have submitted a motion for summary judgment to a judge in the Southern District of New York, asking the judge to dismiss the SEC's allegations of involvement in a multi-billion dollar securities fraud. The company stated that after two years of investigation, collecting over 20 pieces of evidence, exchanging over 2 million pages of documents and data, the SEC has not proven that the defendants did anything wrong. Terraform is asking the judge to rule that the SEC has not sufficiently proven its case to justify a trial.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wasabi Adds Berachain Vaults With Up To 300% Yields

Terraform Labs Creditors Alert—Claim Your Crypto Losses Before the Deadline!

How Jack Du Rose Went From Jewels To Building DAOs

Market Chop: Altcoins Follow 2020-2021 Pattern, Says Analyst
Analysts suggest the current market chop is temporary, likening it to 2020/2021 patterns. Could altcoins be set for significant gains?Altcoin Market Chop: Just a Pause Before the Surge?Why the Chop Isn’t a Cause for ConcernLooking Ahead: What’s Next for Altcoins?

Trending news
MoreCrypto prices
More








