Terraform Labs Pte. Ltd. (Terra Money) website. Credit: Timon/Adobe Stock SEC Says Terraform Labs and Its Founder Built 'House of Cards' as Civil Fraud Trial Opens
Terraform's attorneys at Denton and founder Do Kwon's attorneys at Kaplan Hecker & Fink maintained, during their own opening statements, that their clients did not lie.
March 25, 2024 at 05:41 PM
3 minute read
Cryptocurrency
A lawyer with the U.S. Securities and Exchange Commission on Monday told jurors in the Southern District of New York that the cryptocurrency company Terraform Labs and its founder Do Kwon built a "house of cards" that collapsed to investors' detriment in 2022.
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