Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic stablecoin. According to a court filing, the settlement terms are currently undisclosed and the alleged […]News Bytes, Algorithmic stablecoin, Crypto, Cryptocurrency, do kwon, Fraud, News Bytes 1, SEC, Settlement, terraform labs, TerraUSDRead More

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