U.S. SEC charges Terra founder Do Kwon with fraud

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst/File Photo

(Reuters) - The U.S. Securities and Exchange Commission has charged crypto developer Do Kwon and his company Terraform Labs with defrauding investors, according to a filing in federal court in the Southern District of New York.

(Reporting by Hannah Lang in Washington; Editing by Chris Reese)