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Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

The massive sum is a “conservative measure” of Terraform Labs and Do Kwon’s ill-gotten gains, according to the SEC.

Updated Apr 23, 2024, 5:51 p.m. Published Apr 23, 2024, 5:48 p.m.
Terraform Labs co-founder Do Kwon (CoinDesk TV and Jesse Hamilton/CoinDesk)
Terraform Labs co-founder Do Kwon (CoinDesk TV and Jesse Hamilton/CoinDesk)