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SEC Seeks Summary Judgment in Fraud Case Against Terraform Labs Co-Founder

November 03, 2023
The Securities and Exchange Commission (SEC) has reportedly requested a summary ruling in its civil case against Do Kwon, the co-founder of Terraform Labs. The SEC alleges that Kwon and his company engaged in fraudulent activities, offering and selling unregistered securities, Bloomberg reported Friday (Nov. 3). These alleged fraudulent activities have resulted in significant market value losses, with […]