|
|
|
|
|
|
by numair
530 days ago
|
|
|
Oh man, the irony of this response. Do Kwon very specifically did NOT have USD in this situation, and I’m pretty sure his defense will be that there was no representation that the peg would be maintained indefinitely. Whether the evidence points to the contrary is another matter altogether. |
|
|
The indictment lists a bunch of ways that ties his crimes to the US
>KWON solicited and obtained investments from a number of investment firms in the United States and other locations [...]
>DO HYEONG KWON, the defendant, nonetheless fraudulently promoted Chai to investors in the United States [...]
>On or about October 12 , 2020, KWON sent an email to a representative of an investment firm based in New York containing a Terraform promotional document falsely claiming [...]
>On or about October 14 , 2019, KWON made a false and misleading statement during a CNBC presentation transmitted to, among other places, the Southern District of New York, about Chai 's usage of the Tena blockchain [...]