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.

May 1, 2024 - 00:00
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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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