Sources
National Law JournalMore than $4.5 billion in remedies were ordered after a jury in the U.S. District Court for the Southern District of New York jury found cryptocurrency company Terraform Labs and its founder Do Kwon liable for civil fraud in April. https://t.co/LMt8EMXsZu
National Law JournalEng Taing is accused of misleading investors in his crypto asset-mining business by marketing it as an investment that could profitably mine bitcoin at prices far below the token’s prevailing market price, court records show. https://t.co/hdJCm6eQOb
Corporate CounselThe U.S. Securities and Exchange Commission sued Eng Taing and his entity, Touzi Capital LLC. The defendants allegedly led investors to believe the funds would be allocated to back debt rehabilitation or crypto asset-mining businesses. https://t.co/bqy1mwrNbo

