Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
Submitted by Anonymous (not verified) on Tue, 04/23/2024 - 21:10
The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the Terra ecosystem in 2022.