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Do Kwon was accused of misleading investors. Has anyone been able to work out how he misled people yet?
by tremarley 2y ago
Do Kwon was accused of misleading investors.
Has anyone been able to work out how he misled people yet?
- saxonww 2y agoPresumably, we'll find out now that he's being extradited to stand trial here in the US. The complaint is here: https://www.sec.gov/enforcement-litigation/distributions-harmed-investors/sec-v-terraform-labs-pte-ltd-do-hyeong-kwon-no-23-cv-1346-jsr-sdny https://www.sec.gov/enforcement-litigation/distributions-har...
- caminante 2y agoHis stablecoin claims failed. He lied about other firms (Chai) using his tech. NY is hunting him for wire fraud and a few other criminal charges.
- lazzlazzlazz 2y agoYes, even a cursory review of the evidence is pretty clear.
- dylan604 2y agoHis problem is that he’s one person instead of being an institution that mislead people about mortgages