Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing

A lean for the District Court for the Southern District of New York refers to a May 29 telephone conference, “without transcription or recording.” Advises for all the parties were present. The scheduled oral arguments were “cancelled because the parties have informed the Court that they reached a hamlet in principle.” The parties must file documentation in support of the settlement in front of Judge Jed S. Rakoff by June 12.