SEC Seeks Summary Judgment in Lawsuit Against Do Kwon
The Securities and Exchange Commission (SEC) is urging a New York judge to reach a verdict in its lawsuit against Terraform Labs and co-founder Do Kwon without the need for a full trial.
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The Securities and Exchange Commission (SEC) is urging a New York judge
to reach a verdict in its lawsuit against Terraform Labs and co-founder
Do Kwon without the need for a full trial.
In
a motion filed yesterday, the SEC asserted that the evidence supporting
the defendants’ violations is “clear, undisputed, and overwhelming,”
and therefore, the court should rule in favor of the SEC.
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