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Choose Jed Rakoff, the U.S. District Courtroom for the Southern District of New York decide overseeing the Terra case, sided with the SEC in an end-of-year ruling. In it, he stated that the case from defendants Terraform and founder Do Kwon “asks this courtroom to solid apart a long time of settled regulation of the Supreme Courtroom,” the decide decided. “The courtroom declines the defendants’ invitation.”
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