SEC Demands $5.3 Billion From Do Kwon And Terraform Labs

cryptopotato.com/sec-demands-5-3-billion-from-do-kwon-and-terraform-labs

and its founder, Do Kwon, are under pressure to pay $5.3 billion in cumulative damages for fraud related to their now-defunct Terra blockchain.
In a filing dated April 19, the U.S. Securities and Exchange Commission (SEC) requested that Kwon and his company be ordered to pay ~$4.2 billion in disgorgement and ~$546 million in pre-judgment interest after losing its lawsuit…

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