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Bitcoinist 2024-05-30 22:00:20

Terraform Labs And Do Kwon Settle SEC Fraud Allegations In Civil Case

Singapore-based Terraform Labs and its founder, Do Kwon, have reached a “tentative settlement” with the US Securities and Exchange Commission (SEC) in a high-profile civil fraud case, as reported by Reuters. SEC Scores Victory The SEC’s lawsuit, initially filed in February 2023, accused Terraform Labs and Do Kwon of orchestrating a large-scale crypto scam involving

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