Do Kwon convicted of additional charge, US court rules: UST, MIR, and LUNA deemed unregistered securities.
The process of convicting Terra founder Do Kwon was quite lengthy. It took nearly a year for the SEC to bring charges against Terra, which had collapsed. In addition, Do Kwon was on the run for a long time before being granted extradition by the Montenegrin court. Currently, we still have to wait for the verdict in January next year.