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Lawsuits aimed at recouping UST/Luna losses test uncharted waters

Lawsuits aimed at recouping UST/Luna losses test uncharted waters

Quick Take

  • A major South Korean law firm, LKB & Partners, is suing Do Kwon and co-founder Daniel Shin on behalf of five investors.
  • Other investors are also organizing online to launch their own lawsuits; we may end up seeing cases centered around whether TFL represented its products and the risks of investing accurately.

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Author: Callan Quinn


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