SEC Asks Judge To Fine Terraform Labs And Do Kwon $5.3 Billion In Fraud Case

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South Korean Authorities Seek To Revoke Terra Co-Creator Do Kwon’s Passport To Expedite Deportation

After a jury found Terraform Labs and Do Kwon liable for fraud in its long-standing case with the U.S. Securities and Exchange Commission (SEC), the regulator has asked a New York court to impose $5.3 billion in disgorgement and civil penalties.

SEC Notches Win As Jury Finds Do Kwon Liable For Multi-Billio...


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SEC Asks Judge To Fine Terraform Labs And Do Kwon $5.3 Billion In Fraud Case