Do Kwon and Terra lose in court against the US Securities and Exchange Commission? | Crypto News

Legal troubles mount for terraform labs and fedo kwan welcome to the daily forecast june the 10th 2022 i'm forecast joel flynn with the latest on what's happening on the blockchain and the problems at terraform.

labs continue to make headlines but those are also raising jurisdictional questions about the reach of u.s law so let's get you up to speed on that and everything else from asia to the world join thousands of nft traders who already start their day on crypto slam all right let's start with the latest on terraform labs legal battles this time in the us the company and its ceo do.

kwan have been ordered to comply with

subpoenas from the securities and exchange commission over the company's mirror protocol that just lost appeals against the sec subpoenas quan was first served in september last year in new york as part of an investigation into terror's decentralized finance service that offers investors access to cryptocurrencies mirroring the price of u.s stocks like amazon terraform lab's. R

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