@BOMBERuss 21 February 2022 more from that month

The Court of the Southern District of New York supported the US #SEC investigation into the #Mirror platform, which is part of the #Terra crypto project ecosystem. With its help, users can purchase tokens of stock shares, including American companies, placing them in the future in staking and earning interest on it. The US SEC understands the mechanism of the platform's code, requiring the Terra founder to provide additional documentation and a personal appearance in the US. Do Kwon refused, as he is not an #American citizen and does not conduct business in this jurisdiction. The #US SEC found intermediaries and an opportunity to hand over a summons to Kwon, while at the same time applying to the court to force an appearance. The decision will take effect in 14 days, setting a precedent for the prosecution of DeFi developers around the world. The story has not yet affected Terra (#LUNA) quotes, which are declining along with the overall negative dynamics of the cryptocurrency market. #CryptoCurrency