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US Court to hear proposed remedies from Terraform Labs, Do Kwon in May

The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Court to hear proposed remedies from Terraform Labs, Do Kwon in May

The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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