By Allix Trade 23 April 2023 | 1:32 pm

Terraform Labs Co-Founder Argues Against SEC Lawsuit


Terraform Labs co-founder, Do Kwon's lawyers have argued in court against the SEC's lawsuit for illegally offering unregistered securities. The lawyers claim the SEC's acquisitions are unfounded and that the stablecoin in question is a currency, not a security. Additionally, Kwon's arrest and subsequent extradition remain uncertain. (Read More)