Crypto founder Do Kwon explains why he’s suing the SEC

Crypto founder Do Kwon explains why he’s suing the SEC

The crypto founder going on the offensive in the industry’s latest battle with the Securities and Exchange Commission (SEC) called out a lack of understanding as a big problem among regulators.

Terraform Labs co-founder and CEO Do Kwon, who sued the SEC Friday to quash a recent subpoena, explained to Yahoo Finance at Monday’s All Markets Summit that regulators are still learning that some of the code and protocols launched in the sector are no longer controlled by centralized entities, but…


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