
SEC seeks $5.3 billion in penalties against Terraform Labs, Kwon Do-hyung
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Terraform Labs CEO Do-Hyung Kwon, seeking billions of dollars in disgorgement and civil penalties, according to DigitalToday. The SEC is seeking disgorgement of approximately $4.7 billion (6.47 trillion won) from Kwon and Terraform Labs, with