Terraform Says SEC's $5.4B Sanction Bid Fails Under Morrison

[Gunnar Larson]

Terraform Says SEC's $5.4B Sanction Bid Fails Under Morrison
<https://www.law360.com/fintech/articles/1830727?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-30&read_main=1&nlsidx=0&nlaidx=0>

By Aislinn Keely

Crypto firm Terraform Labs and its founder Do Kwon struck back at the U.S.
Securities and Exchange Commission's $5.4 billion sanctions request
following its trial win, filing dual briefs Monday that argued the
regulator has only shown that "a small number" of allegedly illegal token
sales took place in the U.S. and under its jurisdiction as outlined in the
U.S. Supreme Court's Morrison decision.

 2 documents attached | Read full article »
<https://www.law360.com/fintech/articles/1830727?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-30&read_more=1&nlsidx=0&nlaidx=0>
 | Save to favorites »
<https://www.law360.com/fintech/articles/1830727?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-30&read_later=1&nlsidx=0&nlaidx=0>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: text/html
Size: 2737 bytes
Desc: not available
URL: <https://lists.cpunks.org/pipermail/cypherpunks/attachments/20240430/0eb089d4/attachment.txt>