⚡ SEC Seeks Summary Judgment in Lawsuit Against Do Kwon
posted 3 Nov 2023

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.
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.