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Terra's Do Kwon Wants SEC Charges Dismissed, Court Filings Show

The SEC cannot regulate digital assets involved in the case because the UST stablecoin is a currency, not a security, lawyers for Kwon have said.

Updated Apr 24, 2023, 7:37 p.m. Published Apr 24, 2023, 10:59 a.m.
Terraform Labs founder Do Kwon in a 2021 photo. (Terra)
Terraform Labs founder Do Kwon in a 2021 photo. (Terra)