The post Terra vs SEC: SEC Imposes $5.2B Penalties on Terraform Labs and CEO Do Kwon for Crypto Misleading appeared first on Coinpedia Fintech News After a nine-day trial, Terraform Labs and its former CEO, Do Kwon, were found guilty of misleading investors in crypto assets. They violated the Securities Act 1933 by selling crypto assets without proper registration. Director of the SEC, Gurbir S. Grewal, supports the decision of the jury. He points out that the company and Kwon …
