Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

Do Kwon Challenges SEC's Jurisdiction in Multibillion-Dollar Crypto Securities Fraud CaseAttorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using federal securities law to assert jurisdiction over the digital assets […]

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Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud

Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto FraudThe U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from investors by creating an “interconnected suite of crypto-asset securities,” many of which were involved in […]

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While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations

While the New LUNA Records Gains, Do Kwon's Terraform Labs Plagued by Controversy and AccusationsIt’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8% in value during the last 24 hours. Amid the token’s 24-hour rise, controversy continues to plague […]

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Terra Luna Mirror Protocol – Buy Apple, Amazon, and Google Stocks With Crypto

With President Biden recently signing an executive order regarding cryptocurrencies, the crypto market responded with a sharp drop in response to the potential increase in the government’s involvement with the industry. It’s clear that whenever a government entity involves itself with financial markets, the underlying markets end up suffering immensely. Rather than using traditional brokers and giving away your identity and personal information, dealing with dozens of roadblocks and regulations when it comes to purchasing stocks, why not utilize crypto’s most significant strength of providing consumers with the financial freedom to do with their money as they please? Today we

The post Terra Luna Mirror Protocol – Buy Apple, Amazon, and Google Stocks With Crypto appeared first on The Merkle News.

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New York Judge Orders Terraform Labs to Comply With SEC’s Investigative Subpoenas

New York Judge Orders Terraform Labs to Comply With SEC's Investigative SubpoenasA recent court filing stemming from the Southern District of New York shows that a U.S. district judge has ordered the crypto startup Terraform Labs to comply with the Securities and Exchange Commission’s (SEC) subpoenas. During the second week of November 2021, the U.S. regulator filed a subpoena enforcement action against Terraform Labs and the […]

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