Enforcement action

Terraform Labs and CEO Do Kwon to Pay $4.5 Billion in SEC Settlement

Terraform Labs and CEO Do Kwon to Pay $4.5 Billion in SEC Settlement Introduction Terraform Labs and its CEO, Do Kwon, have recently made headlines in the crypto industry due to a significant settlement with the U.S. Securities and Exchange Commission (SEC). This settlement involves a payment of $4.5 billion, marking one of the largest fines ever imposed by the SEC. Terraform Labs is a prominent player in the blockchain