Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena
A United States judge has authorized an order requiring Genesis Global entities to produce particular documents in accordance with a subpoena requested by Terraform Labs.In an Oct. 13 filing in U.S. District Court the Southern District of New York, Judge Jed Rakoff said Genesis would have 5 days– likely up until Oct. 18– to produce documents following a subpoena from Terraform. Source: CourtlistenerThe order was part of the U.S. Securities and Exchange Commissions (SEC) civil case against Terraform and co-founder and CEO Do Kwon very first filed in February. Kwon is currently serving a four-month prison sentence in Montenegro for utilizing falsified travel files while the lawsuit versus Terra continues in the United States.Related: Terraform Labs contends Citadel Securities had a hand in its stablecoin collapseU.S.
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