SEC Aims to Restrict Juror Involvement in Terraform Labs Trial
The U.S. Securities and Exchange Commission (SEC) has sought to minimize the jury’s involvement in the lawsuit against Terraform Labs and its co-founder, Do Kwon. The agency is reluctant to allow jurors to determine if a cryptocurrency constitutes a security.
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The U.S. Securities and Exchange Commission (SEC) has sought to minimize the jury's involvement in the lawsuit against Terraform Labs and its co-founder, Do Kwon. The agency is reluctant to allow jurors to determine if a cryptocurrency constitutes a security.
They believe it’s better to leave this matter to the judge's discretion or not to consider it at all, as there is essentially no dispute of this nature in the current case. Additional and complex questions posed to jurors could only complicate the proceedings.
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