Terraform And Founder Do Kwon Held Liable For Crypto Fraud

By Pete Brush · April 5, 2024, 3:19 PM EDT

A Manhattan federal jury quickly found bankrupt cryptocurrency startup Terraform Labs and its creator Do Kwon liable Friday for securities fraud, after the U.S. Securities and Exchange Commission claimed they lied...

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Case Information

Case Title

Securities and Exchange Commission v. Terraform Labs Pte Ltd. et al

Case Number

1:23-cv-01346

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

February 16, 2023