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Terraform Labs, founder Do Kwon likely face $5 3 billion fines on the two year anniversary of the crisis

Terraform Labs, founder Do Kwon likely face $5 3 billion fines on the two year anniversary of the crisis
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Terraform proposes $1M penalty for SEC case, no relief or disgorgement

The SEC requested $5.3 billion in disgorgement and civil penalties against Terraform Labs and Do Kwon, while both parties have argued for a substantially smaller amount.

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Terraform Labs Lawyers Seeks to Reduce Penalty to $1M Instead of $5 3B

Terraform Labs Lawyers Seeks to Reduce Penalty to $1M Instead of $5 3B
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Terraform proposes $1M penalty for SEC case, no relief or disgorgement

Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case.

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Do Kwon, Terraform Labs Should Get $5 3B Fine, SEC Tells Court

Do Kwon, Terraform Labs Should Get $5 3B Fine, SEC Tells Court
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