Terra’s Do Kwon Was Served by SEC, New Lawsuit Shows

Terra’s Do Kwon Was Served by SEC, New Lawsuit Shows

Terraform Labs CEO Do Kwon is suing the U.S. Securities and Exchange Commission (SEC). The builder of decentralized finance (DeFi) platform Terra confirmed he was served with an SEC subpoena at Messari’s Mainnet conference last month, according to a lawsuit filed Friday by both Kwon and Terraform Labs. The matter stretches back to May 2021, when SEC’s Enforcement …

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