A United States District Court has found that Terraform Labs and the company co-founder, Do Kwon, defrauded investors in crypto asset securities. In a post published by the Securities and Exchange Committee’s (SEC) Division of Enforcement, the Southern District of New York’s District Court reached the decision after a nine-day trial. Terraform defrauds crypto investorsTerraform Labs PTE Ltd and co-founder Do Kwon were found liable via a jury verdict after a saga lasting more than two years reached a decision. The original subpoenas for Kwon and the company were filed by the SEC on June 9, 2022…