Terra

Coin

<ul class="news-points"> 
 <li><strong>The SEC filed a summary judgment in the Do Kwon and Terraform Labs case.&nbsp;</strong></li> 
 <li><strong>According to the SEC, Do Kwon and Terraform were involved in misleading marketing.</strong></li> 
 <li><strong>Sam Bankman-Fried has been found guilty of all seven charges in the FTX trial.</strong></li> 
</ul> 
<p>Sam Bankman-Fried (SBF), the former FTX CEO, has been found guilty of all seven charges in the FTX trial. Shortly after the judgment, the U.S. Securities and Exchange Commission (SEC) <a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.594150/gov.uscourts.nysd.594150.105.0.pdf" target="_blank" rel="nofollow">filed a summary judgment</a> in the Terraform Labs and Terraform’s CEO Do Kwon case. The SEC alleged the pair were involved in misleading marketing of Terra and LUNA tokens as securities.</p> 
<p>Several users on X (formerly Twitter) who appear to be following both cases seem to be impressed with the latest developments. One who shared a post about SBF’s judgment posted that Do Kwon should be the next. He found the support of other users, one of whom asked which jurisdiction would get the former Terra Labs CEO first.</p> 
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   <p lang="en" dir="ltr">Do Kwon next. <a href="https://t.co/4GYdFe2e1d" target="_blank" rel="nofollow">https://t.co/4GYdFe2e1d</a></p>— FatMan (@FatManTerra) <a href="https://twitter.com/FatManTerra/status/1720359055170974166?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 3, 2023</a>
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<p>Users continued to express their feelings about both cases, with another responding to the SEC’s move against Do Kwon and Terra, noting that the case demo…</p>
<p>The post <a href="https://coinedition.com/sam-bankman-fried-found-guilty-is-do-kwon-next/">Sam Bankman-Fried Found Guilty: Is Do Kwon Next?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Sam Bankman-Fried Found Guilty: Is Do Kwon Next?

Coin Edition

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