Jury Deliberates on SEC Fraud Case Against Terraform Labs and Do Kwon
Friday, 5 April 2024, 18:51
Deliberations Underway in SEC Fraud Case
The U.S. Securities and Exchange Commission (SEC) has rested its case against Terraform Labs and co-founder Do Kwon, allowing the jury to decide on the alleged misleading of investors.
Key Points:
- Allegations: Misleading statements about Terra USD (UST) stability and integration.
- Impact: Potential consequences for Terraform Labs' reputation and financial standing.
The jury's decision will shape the future of this high-profile civil fraud case.
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