Wu Blockchain (@WuBlockchain): A jury in the U.S. District Court for the Southern District of New York found Terraform Labs and Do Kwon liable for crypto-asset securities fraud. Jur…
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A jury in the U.S. District Court for the Southern District of New York found Terraform Labs and Do Kwon liable for crypto-asset securities fraud. Jurors agreed with the SEC that Kwon, as well as Terraform Labs, deceived ordinary investors about the nature of the algorithm that…