• 11/25/2024

Do Kwon’s Crypto Firm Agrees to Pay Massive $4.5 Billion Penalty to SEC

Wall Street Journal

However, the regulator may end up receiving only a fraction, if any, of the penalty. Terraform Labs is in bankruptcy proceedings and says it has less than half a billion dollars in assets.

https://www.wsj.com/articles/do-kwons-crypto-firm-agrees-to-pay-massive-4-5-billion-penalty-to-sec-35355452