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SEC says Do Kwon’s fraud so obvious that no trial is needed

The SEC’s case against Do Kwon may receive a summary judgement, as both parties have requested to forgo a trial.

Do Kwon says SEC can question him — as long as it happens in Montenegro

Kwon’s lawyers also say the idea of him providing a written testimony is “inconsistent with his right to due process.”

A judge in the SEC v. Terraform case has rejected reasoning from a recent Ripple ruling that differentiated between types of sales.

The frozen assets were held in digital asset bank Sygnum and belonged to Kwon and other Terraform Labs executives.