Terraform Labs defends legal spending against SEC claims

Terraform Labs and its founder, Do Kwon, find themselves embroiled in a legal confrontation with the United States Securities and Exchange Commission (SEC). The regulatory body has sued the company over the catastrophic collapse of Terra in May 2022, alleging misuse of funds that were ostensibly allocated for legal defenses. According to the SEC, a […] source: https://www.cryptopolitan.com/terraform-lab-defend-legal-spending-against-sec/