Here’s How SEC Unfolded The Terra Scam!

The post Here’s How SEC Unfolded The Terra Scam! appeared first on Coinpedia Fintech News Terraform Labs, the company behind the Terra blockchain, and its co-founder, Do Kwon, are being […]

The post Here’s How SEC Unfolded The Terra Scam! appeared first on Coinpedia Fintech News
Terraform Labs, the company behind the Terra blockchain, and its co-founder, Do Kwon, are being sued by the Securities and Exchange Commission (SEC) for allegedly defrauding investors. The complaint alleges that the company made false claims about TerraUSD payments and other matters, leading investors to believe that Terra was a legitimate decentralized financial project. However, …