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Terra’s Do Kwon Fights SEC Access to Singaporean Records

A US judge has denied a request by Terra co-founder Do Kwon to block the SEC's access to certain documents from the Monetary Authority of Singapore, in relation to the regulator's lawsuit against Kwon and Terraform Labs over an alleged unregistered securities offering. Kwon is also facing charges of fraud from prosecutors in New York and investigations from authorities in South Korea. Recent reports suggest that Kwon transferred $7 million to a Seoul-based law firm before the Terra meltdown occurred, which may result in further legal repercussions for him if proven. South Korean prosecutors have also reportedly contacted Binance to halt any withdrawals associated with Kwon.

(By Rahul Nambiampurath)

Do Kwon SEC Singapore
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