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The U.S. Court of Appeals for the Second Circuit has rejected Do Kwon's appeal and has confirmed that the SEC-related subpoena was indeed lawful. Terra will need to face an investigatory hearing regarding the issuance of illegal, unlicensed securities.https://www.law360.com/newyork/articles/1500866/defi-firm-terra-must-face-sec-subpoenas-2nd-circ-affirms …
The SEC knows Terra issued unlicensed Mirror securities. What they don't know is that Jump & TFL used retail liquidity to farm & dump loads of MIR rewards, manipulated on-chain governance constantly, allowed for a $90m 'hack' to happen through pure negligence... Spicy times ahead
Why US might not have jurisdiction over TFL: - Do Kwon doesn't live/work there Why US might have jurisdiction over TFL: - TFL had US employees and US law firms for counsel - TFL sold products on US exchanges - US investors were defrauded - TFL sold tokens mirroring US securities
Love how u got all the accusations jumping from one to the next but never can provide any proof 
Watching this is so nice and was worth it to waste 2750$
Book em Danno
hey wallet address ? let me check your wallet ?
Not negligence was deliberate
I don't think it was an inside job. They rushed in code from a self-admittedly inexperienced dev, which is negligence, and didn't bother doing audits for months (and didn't even notice the hack!) but that's not evidence that it was deliberate.
Sooo. Odds of jail time are increasing eh :Dpic.twitter.com/vP3xNdmVbV
It's important to remember that Do Kwon can ignore this and stay in Singapore if he so chooses (as far as I understand).
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