Saturday, June 22, 2024

SEC sues Terraform, Do Kwon

By DAC000 , in Regulation terra , at February 17, 2023 Tags: ,

for misleading investors, multiple sources are reporting this evening. About a one minute read.

Comment: the sector was totally unregulated for too long, given its explosive growth. Now I’m not commenting on Do Kwon, however there were and still are a very, very large number of bad players in this space, and given the damage done SEC is reacting. Perhaps overreacting, in this case. But regardless, regulation is not coming to Crypto, it is already here.