SEC, Terraform Labs, and Do Kwon Reach Agreement in Civil Fraud Case: Report
Terraform Labs and its Founder, Do Kwon, have reached a settlement with the US Securities and Exchange Commission (SEC) following allegations of fraud surrounding the collapse of the stablecoin TerraUSD, Reuters reported. The agreement, disclosed on a court website, arrived after a jury found Kwon and Terraform Labs liable for civil fraud charges in April….