Crypto Token Tracker logo Crypto Token Tracker logo
Cryptopolitan 2024-05-02 07:23:23

Terraform Labs challenges SEC over unjust $5.3 billion penalty

Terraform Labs and its CEO, Do Kwon, have been confronted with substantive charges from the US Securities and Exchange Commission (SEC). According to the SEC, they have been involved with fraud involving more than $4 billion from unregistered token sales. One of the main types of coins is the cryptocurrency tokens LUNA and UST. UST,

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.