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TerraformLabs #SEC case is ongoing. The SEC could not produce any concrete evidence on the 4th day.
The SEC filed the lawsuit, but it does not have clear evidence. In such an environment, the case continues.
▪️ The cryptocurrency industry is full of unknowns for the whole world. For this reason, there is no legal basis. When this is the case, the SEC cannot express itself.
⚡️However, it does not follow from this that TerraformLabs will win the case. There is a big collapse out there. Terra company admits that it is at fault. This situation will produce a result.
✔️Hearings will continue tomorrow. A decision is expected in 2 weeks. Whatever the decision is, it will definitely be objected and these objections will prolong the process.
⚠️We can say that the objections do not have much effect in the USA. In such a case, the decision will be final.
