Former SEC Branch Chief Explains Why U.S. Has Jurisdiction in Do Kwon Case

“[The SEC’s] contention is that Do Kwon and these folks were reaching out to U.S. investors, whether they were based in the U.S. or not,” Braganca told CoinDesk TV’s “First Mover” on Friday. “They were getting U.S. investment money, and frankly, they were targeting their pitch to U.S. investors.”