The SEC will collect little, if anything, on that settlement amount because it agreed to be paid only after Terraform satisfies crypto loss claims as part of its bankruptcy wind-down.

Terraform Labs' plan to wind down has reportedly been approved, some two years after the Terra ecosystem collapsed, allegedly wiping out $40 billion in investor funds.

The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to pay $4.5 billion in disgorgement, prejudgement interest, and civil penalties.

Terraform Labs and its former CEO Do Kwon have reached a $4.5 billion settlement with the SEC after a jury verdict held them liable for orchestrating a years-long fraud involving crypto asset ...

PHOTO: BLOOMBERG TERRAFORM Labs will pay US$4.47 billion to resolve a US Securities and Exchange Commission (SEC) lawsuit over the firm’s 2022 collapse, which wiped out US$40 billion in investor ...

Terraform Labs has agreed to a $4.47 billion settlement in its case with the US Securities and Exchange Commission (SEC). It marks a major development in the case against Terraform Labs for its ...

The SEC is expected to collect little of that settlement amount because it agreed to be paid only after Terraform satisfies crypto loss claims as part of its bankruptcy wind-down.

The SEC will collect little, if anything, on that settlement amount because it agreed to be paid only after Terraform satisfies crypto loss claims as part of its bankruptcy wind-down.

A U.S. judge has agreed to a settlement between the SEC, Do Kwon and Terraform Labs.The settlement involves a $4.5 billion penalty and a ban on tr ...