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Author Topic: Do Kwon and Terraform Labs Slapped With Class-Action Suit  (Read 101 times)

Jaya60

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Do Kwon and Terraform Labs Slapped With Class-Action Suit
« on: June 19, 2022, 02:24:22 AM »
The implosion of UST and LUNA vaporized tens of billions of dollars in value. Do Kwon, the "heartbroken" co-creator of Terra, headlines a raft of defendants named in a class-action suit filed Friday in U.S. District Court in Northern California.

Kwon is joined by a group that includes Terraform Labs, Jump Crypto, and Three Arrows Capital. Plaintiff Nick Patterson is alleging, among other accusations, that Terra tokens were sold as "unregistered securities," and that the "Defendants made a
series of false and misleading statements regarding the largest Terra ecosystem digital assets by market cap, UST and LUNA, in order to induce investors into purchasing these digital assets at inflated rates."more information
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Do Kwon and Terraform Labs Slapped With Class-Action Suit
« on: June 19, 2022, 02:24:22 AM »


KryptoBull

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Re: Do Kwon and Terraform Labs Slapped With Class-Action Suit
« Reply #1 on: June 24, 2022, 01:35:52 AM »
I was no longer interested in this event, I was lucky to not stick to LUNA and UST, I didn't trust the UST with its APY at all. Right now I'm focusing on hedge funds because they have a really big impact on the market, Terra and its problems will soon be forgotten by this market, law enforcement will take care of everything.
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PATRON
DOGE DAF
 
   
A MEME-TOKEN WITH NFTs AND
METAVERSE, NAMED AFTER
THE FEARLESS DOG PATRON

FROM
               ▄
 ▄▄         ███         ▄▄
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UKRAINE

 
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███




███

███████████████████████████████████████████████████

ABOUT PATRON DAF

███████████████████████████████████████████████████

███
  █
  █
  █
  █
███
  ..IDO WITH UNICRYPT..

Altcoins Talks - Cryptocurrency Forum

Re: Do Kwon and Terraform Labs Slapped With Class-Action Suit
« Reply #1 on: June 24, 2022, 01:35:52 AM »
:)

 

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