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Terraform Labs on Trial: SEC Brands It a Fraudulent Empire

Terraform Labs on Trial: SEC Brands It a Fraudulent Empire


CoinGape
2024-03-26 00:57:16

The U.S. Securities and Exchange Commission (SEC) opened its civil trial against Terraform Labs by casting the blockchain firm as a fraudulent operation. At the court proceedings in the Southern District of New York, SEC lawyers portrayed Terraform Labs as a financial disaster where investors experienced huge losses. The trial was initiated over a year The post Terraform Labs on Trial: SEC Brands It a Fraudulent Empire appeared first on CoinGape .


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