The SEC did not mince words when talking about Do Kwon and Terraform Labs.
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 32 of 38. HackerNoon’s Legal PDF Series here SECOND CLAIM FOR RELIEF Fraud in Connection with the Purchase or Sale of Securities of the Exchange Act and Rule 10b-5 Thereunder) 176. The Commission re-alleges and incorporates by reference the allegations contained in paragraphs 1 through 172. 177.
By reason of the conduct described above, Defendants, directly or indirectly, in connection with the purchase or sale of securities, by the use of the means or instrumentalities of interstate commerce or of the mails, or of any facility of any national securities exchange, knowingly or recklessly, employed devices, schemes, or artifices to defraud; made untrue statements of a material fact or omitted to state a material fact necessary in order to make the statements made, in the light of the...
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