SEC Says Terraform, Founder Owe $5.3B After Fraud Verdict

By Elliot Weld · April 22, 2024, 3:49 PM EDT

The U.S. Securities and Exchange Commission has asked a Manhattan federal judge to order bankrupt cryptocurrency exchange Terraform Labs and its founder to pay roughly $5.3 billion, weeks after a jury...

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Documents

Case Information

Case Title

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

Case Number

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

February 16, 2023

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