Did terraform labs & Kwon unlawfully sell crypto asset securities?
In recent developments, there have been allegations surrounding Terraform Labs and its founder, Do Kwon, regarding the sale of crypto asset securities. Could you elaborate on the specifics of these allegations? Are there any indications that the sales were conducted unlawfully? Did Terraform Labs or Kwon fail to comply with regulatory requirements in their offerings? Furthermore, has there been any legal action taken against the company or its founder as a result of these alleged illegal sales? And if so, what are the potential consequences for Terraform Labs and Kwon?