Today's 2nd round of hearings for the TerraformLabs SEC case are scheduled for tomorrow, marking the completion of the hearing process.
▪️ Next, the negotiation stage will begin, where reciprocal requests will be made. TerraformLabs is expected to resolve this lawsuit through a settlement.
☄️ Although the outcome of the previous hearing was favorable for TerraformLabs, Do Kwon's tweets and the information he provided to the SEC could pose challenges for TerraformLabs. At this time, the SEC appears to hold a strong position