Judge Rakoff was particularly sympathetic to TerraformLabs in the first hearing. Jokes were made. He was treated politely. He showed his tough attitude to the SEC.
He took a positive approach to the Terra company, which was accused of fraud.
▪️We had some followers who interpreted this sentence of ours biasedly. Being biased is one thing.
⚡️Although the case was positive for TerraformLabs, we cannot say the same for Do Kwon. Terra's hand was very weak regarding Do Kwon.
➖ If there is no positive result in the negotiations, the SEC can somehow get what it wants. Especially regarding Do Kwon.
In short, being positive does not mean taking sides. Doesn't the Big Judge know this? The US's trial procedure seems strange to us, but that's the way it is. In this case, the actual decision will be made by the JURY.
#LUNC #USTC #LUNA $LUNC