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