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Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case

The stablecoin issuer filed for summary judgment, asking the judge to toss the regulator's accusations that Do Kwon and his company engaged in a multi-billion-dollar securities fraud.

By Jesse Hamilton|Edited by Kevin Reynolds

Updated Oct 30, 2023, 6:30 p.m. Published Oct 30, 2023, 4:54 p.m.

Do Kwon and the company he co-founded, Terraform Labs, are hoping to get a federal judge to decide the U.S. Securities and Exchange Commission hasn't made its securities-fraud case. (CoinDesk TV and Jesse Hamilton/CoinDesk)