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...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

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

Recent Articles By Aislinn

July 02, 2024
Sens. Urge Synapse Partners To Free Up Customer Funds
June 21, 2024
Crypto Vet With FTX Ties Launches Fintech Policy Think Tank
May 30, 2024
Terraform, SEC Reach 'Settlement In Principle' In Crypto Case
May 13, 2024
Binance Says Sullivan & Cromwell, FRA To Serve As Monitors
May 08, 2024
Bill To Undo SEC Crypto Accounting Bulletin Passes House
May 07, 2024
SEC Says Morrison Can't Save Terraform From Disgorgement
May 06, 2024
Crypto Platform's Ex-Brass Charged With $783M Fraud
April 29, 2024
Terraform Says SEC's $5.4B Sanction Bid Fails Under Morrison
March 28, 2024
FTX Investors To Settle With Ex-Execs, Crypto Promoters
March 22, 2024
5 Things To Know As SEC Takes Terraform Fraud Case To Trial