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SEC targeting ‘legitimized crypto institutions’ for ‘publicity,’ Terraform CEO retorts
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In an unprecedented move, major cryptocurrency company, Terraform Labs and its co-founder Do Kwon sued the SEC as per recent court filings. The co-founder was issued with a subpoena by the U.S. Securities and Exchange Commission (SEC) during a blockchain event last month.
In this regard the exec had said, that he understood the SEC’s apprehension towards products for which they might not have complete knowledge or enthusiasm. The subpoenas had been issued in relation to Terra’s synthetic
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