南韓認定LUNA不屬證券，Do Kwon要求美SEC撤銷指控。
TerraformLabsCEODoKwonhasfiledamotiontodismisstheSEC’schargesagainsthim,arguingthattheagency’sclaimsareinvalidandlackedjurisdiction,astheirtokensandprojectswereaimedattheworldandnotjustUSinvestors.However,theprosecutorinSouthKoreareportedlyidentifiedSignumastheSwissbankaccountinwhichKwontransferredover10,000BTCfromTerraplatformandLunaFoundationGuardtoacoldwallet,whichhelaterconvertedtofiat.