Jury found Terraform Labs and Do Kwon liable for securities fraud in connection with the TerraUSD stablecoin collapse, applying the Howey test to crypto assets and resulting in a $4.5bn judgment.
securities
Court upholds Stock Exchange of Hong Kong delisting decisions where properly made, affirming deference to exchange regulatory decisions.
CFA clarified the conditions under which disclosure obligations arise under the Hong Kong Stock Exchange Listing Rules in a securities context.
HK Court of First Instance dismissed investors' misrepresentation claims arising from alleged false statements made in connection with a software company IPO.
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