Terraform and Do Kwon Nearing Settlement in SEC Fraud Case
Thursday, 30 May 2024, 16:04
Terraform and Do Kwon Near Settlement Agreement
The recent court filing reveals that Terraform and Do Kwon have agreed in principle to settle the fraud case with the SEC. This development, outlined in legal documents, holds key implications for the ongoing legal proceedings.
Key Points:
- Agreement Reached: Terraform and Do Kwon have agreed in principle to a settlement.
- Legal Documents: The details of the settlement are specified in the recent court filing.
- Extradition Pending: Do Kwon, currently out on bail in Montenegro, awaits extradition to either the U.S. or South Korea.
This agreement signifies a crucial step in resolving the fraud case and could potentially impact the future outcomes for both parties involved.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.