Securities Act news and trends

TerraUSD and Luna Founder Charged by SEC and Reportedly Hiding

February 16, 2023
terraUSD
Quick Reads
TerraUSD and Luna Founder Charged by SEC and Reportedly Hiding

February 16, 2023
The company and founder behind cryptocurrencies TerraUSD and Luna have been charged with defrauding investors. The Securities and Exchange Commission (SEC) said in a Thursday (Feb. 16) press release that it has charged Singapore-based Terraform Labs and Do Hyeong Kwon with violating the registration and anti-fraud provisions of the Securities Act and the Exchange Act. […]