Jurors agreed with the SEC that Kwon and, below his path, Terraform Labs deceived on a regular basis buyers concerning the nature of the supposed algorithm that stored UST pegged to the U.S. greenback. Although Kwon insinuated that it may “robotically self-heal” within the occasion of a de-peg, it truly relied on steady buying and selling exercise, together with large-scale buying and selling performed by institutional buyers.
