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Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined

Terraform Labs is ceasing operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community.

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC

The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to pay $4.5 billion in disgorgement, prejudgment interest, and civil penalties

Terraform to pay US$4.47 billion to settle SEC fraud case

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC

A U.S. judge has agreed to a settlement between the SEC, Do Kwon and Terraform Labs.The settlement involves a $4.5 billion penalty and a ban on tr.

Terraform Labs, Do Kwon Agree to Pay U.S. SEC a Combined $4.5B in Civil Fraud Case

The settlement agreement, if accepted by a judge, would also ban Kwon and Terraform Labs from buying or selling all crypto asset securities.