The Securities and Exchange Commission (SEC) is asking a federal judge for a summary judgment against Do Kwon and Terraform Labs. This means that the SEC believes that there is no genuine dispute as to any material fact in the case, and that the SEC is entitled to judgment as a matter of law. The SEC's lawsuit alleges that Kwon and Terraform Labs engaged in a multi-billion-dollar securities fraud. The SEC claims that Kwon and Terraform misled investors about the risks associated with TerraUSD (UST), an algorithmic stablecoin that collapsed in May 2022. The SEC also alleges that Kwon and Terraform Labs offered and sold unregistered securities.
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Mkt Cap $2.30T
BTC Dom 56.76 %
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$64,957.00
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ETH
$1,916.17
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USDT
$0.999523
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BNB
$594.29
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USDC
$0.99974
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XRP
$1.04
▲ +1.10%
SOL
$74.70
▲ +2.60%
TRX
$0.32743
▲ +0.10%
FIGR_HELOC
$1.01
▼ -1.20%
HYPE
$54.40
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DOGE
$0.0703
▲ +1.70%
USDS
$0.9999
▲ +0.00%
RAIN
$0.01271
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
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▲ +0.50%
ADA
$0.199762
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XMR
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LINK
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GRAM
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USDC
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XRP
$1.04
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SOL
$74.70
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$0.32743
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FIGR_HELOC
$1.01
▼ -1.20%
HYPE
$54.40
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DOGE
$0.0703
▲ +1.70%
USDS
$0.9999
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RAIN
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ZEC
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XMR
$380.39
▲ +3.10%
WBT
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▲ +1.10%
LINK
$8.26
▲ +1.40%
XLM
$0.162952
▲ +1.60%
DAI
$0.999859
▲ +0.00%
BCH
$216.07
▲ +1.30%
USD1
$0.999931
▲ +0.00%
USDE
$0.999743
▲ +0.00%
GRAM
$1.35
▲ +1.50%
Mkt Cap $2.30T
BTC Dom 56.76 %
BTC
$64,957.00
▲ +1.20%
ETH
$1,916.17
▲ +1.00%
USDT
$0.999523
▲ +0.00%
BNB
$594.29
▲ +1.00%
USDC
$0.99974
▲ +0.00%
XRP
$1.04
▲ +1.10%
SOL
$74.70
▲ +2.60%
TRX
$0.32743
▲ +0.10%
FIGR_HELOC
$1.01
▼ -1.20%
HYPE
$54.40
▼ -1.50%
DOGE
$0.0703
▲ +1.70%
USDS
$0.9999
▲ +0.00%
RAIN
$0.01271
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$505.38
▲ +0.50%
ADA
$0.199762
▲ +0.40%
XMR
$380.39
▲ +3.10%
WBT
$56.14
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LINK
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▲ +1.40%
XLM
$0.162952
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BCH
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USD1
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USDE
$0.999743
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GRAM
$1.35
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