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U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC
© Copyright Image: Crypto Breaking News

A U.S. District Court judge has agreed to a settlement between the Securities and Exchange Commission (SEC), Terraform Labs and its former CEO, Do Kwon, which would have them pay billions in penalties as well as virtually ban them from the crypto industry, according to the court filings.

Source: CoinDesk

The post U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/u-s-judge-signs-off-on-4-5b-terraform-do-kwon-settlement-with-sec/

Text source: Crypto Breaking News

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Thu, 13 Jun 2024
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