Terraform Labs challenges SEC over unjust $5.3 billion penalty

Terraform Labs and its CEO, Do Kwon, have been confronted with substantive charges from the US Securities and Exchange Commission (SEC). According to the SEC, they have been involved with fraud involving more than $4 billion from unregistered token sales. One of the main types of coins is the cryptocurrency tokens LUNA and UST. UST, […] source: https://www.cryptopolitan.com/terraform-challenges-sec-over-unjust-5-3b/