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Cryptopolitan 2024-03-25 21:15:06

SEC alleges multi-billion dollar crypto fraud by Terraform Labs and Co-Founder

The civil trial against Terraform Labs commenced in the U.S. District Court for the Southern District of New York, with the United States Securities and Exchange Commission (SEC) launching scathing allegations against the blockchain firm. In the opening statements, SEC attorney Devon Staren characterized Terra as a deceptive enterprise, likening it to a “house of

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