Choose Jed Rakoff, the U.S. District Court docket 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 court docket to solid apart many years of settled legislation of the Supreme Court docket,” the decide decided. “The court docket declines the defendants’ invitation.”
