TerraformLabs CEO sues SEC

On October 23, in the media, CEO Kwon Do of Terraform Labs filed a complaint against the US Securities and Exchange Commission (SEC). The developers of Terra have confirmed that Kwon Do-kwon was the subject of a lawsuit by the United States Securities and Exchange Commission at a key meeting in Mesari last month. According to records, the case dates back to May 2021 when police from the United States Securities and Exchange Commission (SEC) emailed Kwon. What is controversial is Terra's Mirror, which operates by interfering with the supply chain, which affects the prices of large American companies. Terraform's lawsuit against the SEC is unusual, but according to Anderson Kill's attorney Stephen Palley, a court ruling could lead to a better understanding of these issues, the controversy of which warns directors must abide by rules of engagement .