Terraform To Settle With SEC For $4.5B After Fraud Trial

By Aislinn Keely · June 12, 2024, 4:51 PM EDT

Crypto firm Terraform Labs has agreed to a $4.47 billion settlement with the U.S. Securities and Exchange Commission after a Manhattan jury found the firm and its founder Do Kwon liable...

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Case Information

Case Title

Securities and Exchange Commission v. Terraform Labs Pte Ltd. et al

Case Number

1:23-cv-01346

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

February 16, 2023