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Investors Tendered Fiat Currency in Exchange for LUNA

Written by @secagainsttheworld | Published on 2023/10/6

TL;DR
Investors used fiat currency to acquire LUNA. Typically, after meeting with Do Kwon.

SEC v. Terraform Court Filing, retrieved on February 16, 2023, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This is part 10 of 38.

A. LUNA

1. Investment of Money.

44. Investors tendered fiat currency or crypto assets in exchange for LUNA. Institutional investors typically purchased LUNA directly from Terraform after meeting with Kwon in person or via videoconference. U.S. retail (or non-institutional) investors, who purchased LUNA from crypto asset trading platforms, including at least one trading platform in the U.S., also tendered fiat currency or crypto assets in exchange for LUNA.

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About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings.

This court case 1:23-cv-01346 retrieved on September 12, 2023, from sec.gov is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction.

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Written by
@secagainsttheworld
A collection of public domain court case filings, by/against the US SEC, retrieved by HackerNoon

Topics and
tags
tech-companies|sec-v-terraform-labs|terra-luna|do-kwon|crypto|buying-crypto|terraform-labs-accusations|legalpdf
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