According to Wu, the SEC filed a motion for $5.3 billion in disgorgement and civil penalties after a jury found Terraform Labs and Do Kwon liable in the fraud. In a filing on April 19 with the U.S. District Court for the Southern District of New York, the SEC requested that Kwon and Terraform pay approximately $4.7 billion in disgorgement and prejudgment interest, as well as a total of $520 million in civil penalties - $420 million for Terraform and $100 million for Kwon.