SEC seeks abstract judgment in Do Kwon and Terraform Labs case

The US Securities and Alternate Fee (SEC) has refuted the jury’s conclusion concerning Terraform Labs’ alleged violations and has demanded a abstract judgment on all of the claims.

A court docket submitting from Oct. 27 confirmed the SEC’s reluctance to just accept the jury’s leniency towards Do Kwon and his involvement in facilitating the frauds that ultimately led to the collapse of the Terra ecosystem. The submitting within the U.S. District Court docket for the Southern District of New York learn:

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