Bitcoin
Bitcoin (BTC)
$64,750.00 0.68319
Bitcoin price
Ethereum
Ethereum (ETH)
$3,157.98 2.0459
Ethereum price
BNB
BNB (BNB)
$572.48 2.16712
BNB price
Solana
Solana (SOL)
$151.36 5.11061
Solana price
XRP
XRP (XRP)
$0.5292580 4.45245
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 12.83709
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000058 13.14694
Pepe price
Bonk
Bonk (BONK)
$0.0000190 27.09233
Bonk price
Bitcoin
Bitcoin (BTC)
$64,750.00 0.68319
Bitcoin price
Ethereum
Ethereum (ETH)
$3,157.98 2.0459
Ethereum price
BNB
BNB (BNB)
$572.48 2.16712
BNB price
Solana
Solana (SOL)
$151.36 5.11061
Solana price
XRP
XRP (XRP)
$0.5292580 4.45245
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 12.83709
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000058 13.14694
Pepe price
Bonk
Bonk (BONK)
$0.0000190 27.09233
Bonk price
Bitcoin
Bitcoin (BTC)
$64,750.00 0.68319
Bitcoin price
Ethereum
Ethereum (ETH)
$3,157.98 2.0459
Ethereum price
BNB
BNB (BNB)
$572.48 2.16712
BNB price
Solana
Solana (SOL)
$151.36 5.11061
Solana price
XRP
XRP (XRP)
$0.5292580 4.45245
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 12.83709
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000058 13.14694
Pepe price
Bonk
Bonk (BONK)
$0.0000190 27.09233
Bonk price
Bitcoin
Bitcoin (BTC)
$64,750.00 0.68319
Bitcoin price
Ethereum
Ethereum (ETH)
$3,157.98 2.0459
Ethereum price
BNB
BNB (BNB)
$572.48 2.16712
BNB price
Solana
Solana (SOL)
$151.36 5.11061
Solana price
XRP
XRP (XRP)
$0.5292580 4.45245
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 12.83709
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000058 13.14694
Pepe price
Bonk
Bonk (BONK)
$0.0000190 27.09233
Bonk price
SirWin
SirWin
SirWin

Terraform Labs and SEC agree on confidentiality terms as trial approaches

terraform-labs-and-sec-agree-on-confidentiality-terms-as-trial-approaches
Edited by
News
Terraform Labs and SEC agree on confidentiality terms as trial approaches

The legal team of Terraform Labs and Do Kwon have agreed with the SEC on maintaining the confidentiality of certain documents in their trial. 

The agreement comes in the context of charges leveled by the SEC against the LUNA founder in February, accusing them of conducting a fraudulent scheme involving cryptocurrency assets worth billions of dollars. Terra’s stablecoin UST and LUNA collapse in 2022 was one of the main drivers of the latest crypto winter, which also played a part in the FTX collapse. 

Terraform Labs and SEC agree on confidentiality terms as trial approaches - 1
Source: Courtlistener

The presiding judge in the Southern District of New York, Jed Rakoff, ratified a protective order today. This order stipulates that both parties are restricted from publicly disclosing confidential materials. Additionally, the court will seal discovery documents tagged as confidential until the commencement of the trial. 

Judge Rakoff indicated a low probability of sanctioning requests to unseal these documents, though he didn’t elaborate on the specific reasons for the confidentiality other than citing “good cause” for the decision.

This protective order was mutually agreed upon by the legal representatives of both the SEC and Terraform Labs, including Kwon, on December 18. Kwon is detained in Montenegro as he awaits potential extradition to the United States or South Korea.

Follow Us on Google News