Terraform Labs and Citadel Securities are involved in a legal dispute over the 2022 UST depegging. Terraform and its co-founder, Do Kwon, are asking the court to rule in their favor and dismiss the case without the need for a trial. The lawyers for Do Kwon and Terraform Labs are urging the judge to reject the SEC's allegations. Meanwhile, Daniel Shin, another co-founder of Terraform Labs, denies any involvement in the company's collapse after being charged with fraud and embezzlement.
Terraform Labs and Do Kwon Challenge SEC, Seeking Dismissal of Multi-Billion Dollar Fraud Charges #Terra #LUNA https://t.co/Oi4zbLwOrY
ICYMI: Do Kwon and Terraform Labs’ lawyers urge judge to nix SEC’s allegations https://t.co/jOtLiNGcGw
Lawyers for Daniel Shin, co-founder of Terraform Labs, told a South Korean court that he did not contribute to Terra’s collapse in any way after being charged with fraud and embezzlement https://t.co/5U6aGioiPx
Do Kwon and Terraform Labs' lawyers urge judge to nix SEC's allegations https://t.co/GpV2TYNWdD
Terraform and co-founder Do Kwon are asking a court to just give them the win in their legal battle with the @SECGov, according to the company's latest motion in federal court, asking for a judgment negating a need for trial. @jesseahamilton reports https://t.co/71hAcFlVxV
Terraform Labs and Citadel Securities are entangled in a legal dispute over the 2022 UST depegging, necessitating a discerning examination of the complex allegations https://t.co/8P2vwAJc3J