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SEC announces charges against Terraform CEO
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Consumer Protection, Emerging Technology, Government Oversight, Nonbank Financial
Tuesday, February 21, 2023
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The U.S. Securities and Exchange Commission announced charges against Singapore-based Terraform Labs PTE Ltd and its CEO for the orchestration of a “multi-billion-dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.”
Since a South Korean court issued an arrest warrant for Kwon in September 2022, his location has remained unknown.
Read on for more details.
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