Kwon Dohyung, Emphasizing The Existence Of A Holding Purpose

Partner attorney Kwon Oh-hoon said, “Just as gold or the US dollar may have the potential to rise in price, but are not considered financial investment products because they have a separate essential (holding) purpose, Terra can also be viewed on the same scale.” This was interpreted as a strategy by Kwon Dohyung’s side to emphasize the existence of a holding purpose other than “profit-taking” in claiming to the US court that Terra is not a security but a currency.

(2023. 04. 28. Chosun Newspaper) #TerraLuna #SEC #KwonDohyung #TerraformLabs #InvestmentContractSecurity #Coin

URL: Emphasizing the existence of a holding purpose rather than profit taking by Kwon Dohyun