Terraform Labs Co-Founder Seeks Dismissal of SEC Lawsuit

Terraform Labs co-founder, Do Kwon, has recently appealed to a United States district judge to dismiss a lawsuit filed against him and his company by the U.S. Securities and Exchange Commission (SEC). Kwon maintains that the SEC has failed to demonstrate any wrongdoing on their part. The official document, filed on October 27 in the U.S. District Court for the Southern District of New York, saw Kwons legal representatives arguing against the SECs allegations. According to the SEC, Terraforms cryptocurrencies such as TerraClassicUSD (USTC), Terra Classic (LUNC), Mirror Protocol (MIR), and...

source: https://tokenpost.com/Terraform-Labs-Co-Founder-Battles-SEC-Lawsuit-Claims-Lack-of-Evidence-10907

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