Terraform Labs, Do Kwon reach a 'settlement in principle' with US SEC, according to court entry

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Terraform Labs, Do Kwon reach a 'settlement in principle' with US SEC, according to court entry
Do KwonSECTerraform Labs
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Terraform Labs and Do Kwon have 'reached a settlement in principle,' with the SEC, according to a court entry.

Terraform Labs and its co-founder Do Kwon have "reached a settlement in principle," with the U.S. Sec urities Exchange Commission, according to a court entry.

"The oral argument previously set for 5/29/2024 has been cancelled because the parties have informed the Court that they reached a settlement in principle," according to the filing. "The parties must file, by 6/12/2024, papers in support of a proposed final judgment consistent with the settlement."

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