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New York – The U.S. Securities and Exchange Commission (SEC) recently concluded their case against Terraform Labs and its co-founder, Do Kwon, leaving the decision in the hands of a New York jury. The jury must now determine whether Kwon and his company can be held accountable for allegedly providing misleading information to investors regarding the stability of their cryptocurrency, Terra USD (UST), and its integration with a South Korean mobile payments app. Terra USD, also known as an “algorithmic stablecoin,” was designed to be pegged to the U.S. dollar through on-chain mint-and-burn mechanics with … Read more