November 22, 2024

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Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury

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Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by JuryOn Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks. The trial culminated in the jury’s decision in a federal courtroom subsequent to […]