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The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to
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Do Kwon, co-founder and CEO of Terraform Labs, the company that backs the Terra blockchain ecosystem, is suing the U.S. Securities and Exchange Commission (SEC). Kwon, who was served a subpoena while appearing at Messari’s Mainnet conference as a presenter, states this behavior was against the SEC’s own policies, and
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The Terraform protocol seeks to outrun the DAI stablecoin in terms of market capitalization in the next few months with help of the Anchor platform.Decentralized financial payment network Terraform Labs has launched a new protocol dubbed Anchor to further open up its stablecoin market. Notably, Anchor will be focused on
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