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The SEC returns to the attack. The Security and Exchange Commission has impeached Terraform Lab and Do Know, the co-founder of the same algorithmic stable coin Terra Luna. The charge is to have deceived investors, through the crypto protocol, from April 2018 to May 2022 (when Terra Luna collapsed). A behavior which would have allowed Terraform Lab and Do Know (by default) to illegally take home billions of dollars.
The deception
How? By offering and selling a group of…