Do Kwon Lawyers: SEC Has No Terra Jurisdiction – Could CEO Walk Free?
The legal team of the Terraform Labs Co-founder and CEO Do Kwon has hit out at the United States Securities and Exchange Commission (SEC) – claiming Terra coins are not securities. The lawyers claimed that the SEC charge...
The lawyers claimed that the SEC charges against Terraform, Kwon, and other executives are baseless, and therefore filed a motion for the charges to be dismissed.
Per the South Korean media outlet EDaily and Bloomberg, Kwon’s lawyers claim that Terra stablecoins are “currencies.”...
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