FINAL DECISION ABOUT THE DEFENDANTS TERRAFORM LABS PTE LTD. AND DO HYEONG KWON: HEREBY, Defendants' compliance with the Code of Exchange Act [15 U.S.C. § 78b)] and Rule 105-6 promulgated thereunder [17 C.FR. § 240.10b-5] by using any means of interstate commerce or any facility of exchange or national securities exchange in connection with the purchase or sale of any securities. As further stated in this Order. IT IS FURTHER ORDERED, JUDGMENT AND DECISION THAT Terraform is liable for damages in the amount of US$ 3,586,875,883, representing the net profit obtained as a result of the conduct alleged in the Complaint, and pre-judgment interest in the amount of US$ 466,952,423 thereon. For these amounts, Kwon is jointly and severally liable with Terraform in the amount of disgorgement in the amount of $110,000,000 plus prejudgment interest in the amount of $14,320,196. Pursuant to Section 20(d) of the Securities Act [15 U.S.C. & 77d and Exchange Act Section 21(d)(3) [15 U.S.C. Pursuant to § 78u(d)(3), the Court also imposes a civil penalty of $420,000,000 against Terraform. The total monetary settlement against Terraform of $4,473,828,306 will be paid as provided for in the approved Chapter 11 Plan in the Bankruptcy Case, as set forth in the following paragraph. As further stated in this Order. IT IS FURTHER ORDERED, JUDGMENT AND DECIDED that Kwon is liable for damages totaling $110,000,000, together with pre-judgment interest of $14,320,196. Pursuant to Section 20(d) 1) of the Securities Act [15 U.S.C. Pursuant to Section 77(d) and Section 21(d)(3) of the Exchange Act (15 J.SC. § 7Find)(3)], the Court further fines Kwon in the amount of $80,000,000, which Kwon owes will begin to fulfill it. In the Bankruptcy Case, by directly transferring the assets and funds specified in the next paragraph to the bankruptcy estate. Payment of monetary remedies against Kwon will be deemed satisfied, provided that the aggregate of all transfers made by Kwon to the SEC and Terraform bankruptcy estate in the Bankruptcy Case is not less than $204,320,106 (excluding the value of any Terraform Crypto Assets transferred to Terraform bankruptcy estate). , only until Kwon completes: (1) the transfer of $54,700,000 into an escrow account agreed to by Kwon and Commission staff within 30 days of the above-mentioned Final Decision (2) the transfer of $2,300 into an escrow account accepted by Kwon and Commission staff. transfer of $000,000 within 30 days of Final Judgment, assets belonging to Kwon in accounts at S Sygnum Bank in Zurich, Switzerland associated with Portfolio Number 84.002.088-00; (3) In the Bankruptcy Case, the transfer of all Luna Foundation Guard's crypto assets to the Terraform bankruptcy estate within 30 days; these will first be applied to cover the compensation amount and pre-judgment interest, and the remaining assets will be applied to the civil penalty amount: further stated in this Order. IT IS FURTHER ORDERED, DECIDED, AND DECIDED, that all parties knowingly and voluntarily consent to waive their right (if any) to object to the entry of this Final Judgment. IT IS FURTHER ORDERED, JUDGED, AND DECIDED that this Court shall retain jurisdiction in this matter for the purpose of enforcing the terms of this Final Judgment. (Signed by Judge Jed S. Rakoff on 6/12/2024) (ks) Forwarding to the Finance Unit (Cashiers) for processing. (Entered date: 06/13/2024) #lunc #luna #USTC... $LUNC $USTC