Lawyers for Do Kwon asked a judge to throw out a lawsuit accusing him of fraud in connection with last year’s collapse of the TerraUSD and Luna cryptocurrencies
Lawyers for crypto entrepreneur Do Kwon asked a judge to throw out a U.S. regulator’s lawsuit accusing him of fraud in connection with last year’s $40 billion
In a Friday evening court filing, Mr. Kwon’s lawyers said the Securities and Exchange Commission exceeded its authority when it sued him and his company, Terraform Labs Pte. Ltd., and failed to prove that they had defrauded U.S. investors.
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