🔔 Terraform Labs has agreed to a whopping $4.47 billion settlement with the U.S. SEC over the collapse of TerraLuna (LUNC) and TerraUSD (UST). This comes after a jury found both Terraform and its founder, Do Kwon, legally accountable for the 2022 crash. The settlement, pending approval from a New York judge, could be one of the largest between a crypto entity and a U.S. regulator. 🏛️ Meanwhile, Kwon awaits extradition in the Balkans, following his release from prison in Montenegro. What are your thoughts on this massive settlement? 💭👇
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