SEC Seeks $5.3 Billion From Do Kwon and Terraform Labs
unchainedcrypto.com/sec-seeks-5-3-billion-from-do-kwon-and-terraform-labs
The U.S. Securities and Exchange (SEC) Commission (SEC) has entered a motion for final judgement against Terraform Labs (TFL) and its founder and former CEO Do Kwon.
In a motion filed on April 19, lawyers for the SEC asked the court to impose a conduct-based injunction on both Kwon and TFL, and to bar Kwon from acting as an officer or director of any securities issuer in the…
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