Following a nine-day trial, a jury found Terraform Labs and its co-founder Do Kwon liable for defrauding investors who lost billions when TerraLUNA collapsed in 2022. The SEC announced the verdict on April 5 in a press release. The regulator emphasized that the verdict holds both parties accountable for a “massive crypto fraud” that caused […]
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Jury finds Do Kwon, Terraform Labs liable for multi-billion dollar fraud
![Jury finds Do Kwon, Terraform Labs liable for multi-billion dollar fraud](https://www.unifitrip.com/wp-content/uploads/2024/04/70525-jury-finds-do-kwon-terraform-labs-liable-for-multi-billion-dollar-fraud.jpg)
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