LIVE--・15 views
#BinanceLaunchpool #buythedip Like it
LIVEGreat Buffett
--
💵 The US SEC has proposed fines for Do Kwon and Terraform Labs totaling $5.3 billion.
The SEC's demand includes compensating investors with $4.12 billion and $545 million to cover legal costs. TFL and Kwon are also facing civil penalties of $420 million and $100 million respectively.
In turn, Terraform Labs' lawyers proposed a "maximum possible" payout of $3.4 million. Representatives of TFL's CEO called the amount around $800,000.
#TERRA #luna #SECvsCrypto #Fines $LUNA
The SEC's demand includes compensating investors with $4.12 billion and $545 million to cover legal costs. TFL and Kwon are also facing civil penalties of $420 million and $100 million respectively.
In turn, Terraform Labs' lawyers proposed a "maximum possible" payout of $3.4 million. Representatives of TFL's CEO called the amount around $800,000.
#TERRA #luna #SECvsCrypto #Fines $LUNA
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.