Do Kwon, Terraform Labs Face $5B Penalty After LUNA Fiasco

The United States Securities and Exchange Commission (SEC) has moved to request billions of dollars in disgorgement and civil penalties from Do Kwon and Terraform Labs, the team behind the ill-fated Terra Luna and UST tokens. In a recent filing in the U.S. District Court for the Southern District of New York, the SEC sought […] source: https://coinedition.com/do-kwon-terraform-labs-face-5b-penalty-after-luna-fiasco/