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SEC vs. Terra: The Biggest Crypto Settlement in History? Coin Edition 09 Aug 2024

SEC vs. Terra: The Biggest Crypto Settlement in History? ⚖️

Terraform Labs founder Do Kwon is confronted with a growing legal storm, including a $57 million lawsuit filed by Singaporean investors in October 2022. This lawsuit adds to Kwon's numerous troubles, which also include an Interpol Red Notice for evading court appearances. The case represents 350 investors affected by the dramatic collapse of TerraUSD, a stablecoin.

Source: coinedition.com ↗