📢📢Blockchain news! Odaily Planet Daily reported that the U.S. Securities and Exchange Commission (SEC) announced that Terraform Labs has agreed to pay $4.47 billion to end the lawsuit with the SEC. 👏👏
The case was preceded by the SEC requiring Terraform Labs and its co-founder Do Kwon to pay a fine of $5.3 billion and impose civil penalties. 😮😮In response, Terraform Labs' attorney filed an opposing motion.
This result undoubtedly has a profound impact on the blockchain industry. 🔍🔍While we remain neutral on the market, we remain confident in the prospects of Bitcoin! 💪💪Please continue to follow us for more blockchain global regulatory developments, industry trends, and cryptocurrency news. 🔥🔥