Terra

<h2 id="span-style-font-size-19px-color-inherit-font-weight-bolder-trial-possible-as-sec-allegations-against-terra-continue-span-br">Trial Possible as SEC Allegations Against Terra Continue </h2>
The SEC and <a href="https://www.coingabbar.com/en/crypto-shorts-news/sec-refutes-jury-verdict-in-terraform-labs-case" class="f-link" rel="noopener noreferrer nofollow">Terraform Labs</a> clashed in a court hearing over fraud allegations regarding the LUNA token. Terra's legal team accused the SEC of misrepresenting statements and questioned the whistleblower's credibility.&nbsp;
The US District Court hinted at potential disclosure of sealed evidence during trial. Co-founder <a href="https://www.coingabbar.com/en/crypto-shorts-news/do-kwon-opposes-leaked-slack-messages-as-evidence" class="f-link" rel="noopener noreferrer nofollow">Do Kwon</a>, facing extradition, awaits a January 2024 trial if summary judgement motions are denied.

Terra's Legal Team Challenges SEC's Claims in Court Hearing

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