Оснивач Терра До Квон оптужен од стране СЕЦ за превару од више милијарди

  • The U.S SEC charges Terraform and its CEO Do Kwon.
  • Terra Classic (LUNC) price dropped over 5.2% in the last 24 hours.

Сједињене Америчке Државе Комисија за хартије (SEC) has sued Terraform Labs and its founder, Do Kwon, for misleading investors in what the commission called a “multibillion-dollar fraud”. SEC claimed in its court filing in the Southern District of New York that, since beginning in April 2018, Kwon sold a range of related digital assets, many of which were unregistered securities, to raise billions of dollars.

Према СЕЦ столица Gary Gensler Kwon and Terraform failed to provide the public with full, fair, and truthful disclosure. In particular, USTC and LUNC are known as Terra (LUNA) and TerraUSD (UST). 

Also, Gary Gensler stated that;

Овај случај показује колико ће неке крипто фирме ићи да би избегле поштовање закона о хартијама од вредности, али такође показује снагу и посвећеност посвећених јавних службеника СЕЦ-а.

Further, the U.S SEC alleged Terraform’s release of Mirror (MIR) a governance token for the Mirror protocol. Known as “mAssets,” security-based swaps paralleled the price of stocks of US companies to pay returns. 

Terra (LUNA) Status

In 2018, Do Kwon founded the blockchain company Terraform Labs. And served as the leading developer for two cryptocurrencies, “algorithmic stablecoin TerraClassicUSD (USTC) and its related crypto Терра Луна Цлассиц (LUNC)”. That collapse last year shocked crypto markets all around the world.

The value of TerraUSD is designed to maintain a 1:1 peg to the US dollar, which was obtained from Luna, another paired token. When the TerraUSD, also known as UST, broke from its 1:1 dollar peg in May 2022. Both tokens witnessed almost all of their value cracked down. Also, that led the crypto market to a prolonged bear market. 

However, TerraUSD was the tenth-largest cryptocurrency before its failure on May 9 and had a market cap of more than $18.5 billion. At the time of writing, Терра Цлассиц an original chain of collapsed Terra (LUNA) ecosystem, was traded at $0.00016715. That is decreased by around 5.2% in the last 24 hours. But still, it is up by 4.2% in a week.

Source: https://thenewscrypto.com/terra-founder-do-kwon-charged-by-sec-for-multi-billion-fraud/