Lee testified that Terra executives were aware of regulatory constraints on using TerraUSD as a payment method.
Embattled cryptocurrency company Terraform Labs has filed for bankruptcy in the United States.
SEC agreed to postpone trial date as requested by Do Kwon's legal team, but opposed severing his case from Terraform's.
Kwon's legal representatives expect slower extradition proceedings in Montenegro, delaying their arrival in the U.S. until Feb/Mar.
A U.S. Court has ruled mostly in favour of the SEC in its case against the bankrupt crypto platform.
According to a Montenegrin official, the U.S. won the tug-of-war regarding Do Kwon’s fate.
Do Kwon will likely be extradited. The question is to South Korea or to the US?
Regulators say the evidence for Do Kwon violating securities laws is “overwhelming.”
Jump Trading's significant profits of $1.28 billion during the tumultuous period shed light on the firm's role in stabilizing terraUSD's…
Lawyers argue that facilitating Kwon's presence in the U.S. is impossible. His detention in Montenegro hinders written testimony to the…