SEC Seeks a Total of $5.3 Billion from Terraform Labs and Do Kwon

The Securities and Exchange Commission (SEC) of the United States is seeking $4.7 billion in disgorgement and prejudgment interest from bankrupt Terraform Labs and its co-founder Do Kwon. The regulator is further seeking civil penalties of $420 million from Terraform and $100 million from Kwon.…#terraformlabs #terraform #kwon #regulatorseeks #usdistrictcourt #southerndistrict #defendants #kwonsfatehangs #terrausd #luna

Source: Reuters: Health - April 23, 2024 Category: Consumer Health News Source Type: news