A New York judge has ordered Terraform Labs and CEO Do Kwon to comply with a subpoena issued by the United States Securities and Exchange Commission (SEC) in its investigation of Terra’s Mirror Protocol, accordingly.indictmentdated February 17
Terraform petition in December 2021 foropposeeffortSEC to force Kwon and Terraform Labs to cooperate with subpoenas issued in Mirror Protocol investigations
Later, Terraform and Kwon sued the agency, claiming they had violated their own rules and the US Constitution’s Due Process. in September last year
Mirror Protocol is a decentralized finance (DeFi) platform that allows users to create and trade “mirrored assets,” or mAssets, that are tied to the price of stocks – including major stocks traded on the US stock exchange.
refer : LINK
The post Do Kwon CEO Terra was ordered to comply with an SEC subpoena in the Mirror Protocol investigation appeared first on Bitcoin Addict.