Fortune: Terraform Labs may not be able to pay $4.47 billion to the SEC
2024-06-13 13:43:29
On June 13, according to Fortune magazine, Bloomberg's previous report that Terraform Labs would pay $4.47 billion to the Securities Exchange Commission was "shoddy", because the SEC may end up receiving only a small part of the fine, or even not the full amount. It is reported that Terraform Labs is bankrupt and has almost no money, and it is unclear whether Do Kwon still has the $204 million judgment money he owes.
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