The SEC is accusing Terraform and Do Kwon of selling crypto asset securities in unregistered transactions.
SEC v. Terraform Court Filing, retrieved on February 16, 2023, is part of . You can jump to any part in this filing . This is part 26 of 38. HackerNoon’s Legal PDF Series here III. Defendants Offered and Sold Crypto Asset Securities in Unregistered Transactions 104.
Trading Firm acquired the LUNA from Terraform and its subsidiary and sold it into the market directly with Terraform's knowledge and expressed intent that the LUNA provided would be so distributed in order to "improve liquidity." 111. During the Relevant Period, LUNA was also made available for trading on multiple crypto asset trading platforms.
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