CoinDesk (@CoinDesk): A Manhattan jury has found Terraform Labs and its co-founder Do Kwon liable on civil fraud charges brought by the U.S. @SECGov in connection with the…
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A Manhattan jury has found Terraform Labs and its co-founder Do Kwon liable on civil fraud charges brought by the U.S. @SECGov in connection with the $40 billion implosion of the Terra ecosystem in May 2022. coindesk.com/policy/2024/04… x.com/SECGov/status/… Quote [@SECGov](https://www.twitter.com/SECGov/status/1776354285132902411) > Today, after a nine-day trial, a jury in the United States District Court for the Southern District of New York found Terraform Labs PTE Ltd. & Do Kwon liable for defrauding investors in crypto asset securities. > > More: sec.gov/news/statement…