The case between TerraformLabs and the SEC is over. TFL and SEC reached an agreement.
✔️A penalty of approximately $4.5 billion was determined as compensation.
▪️ We do not go into the issue of whether compensation was paid or not. There are various comments on this subject.
▪️ As a result, TFL goes bankrupt and ceases operations. TFL has to fulfill certain procedures when going. He has to comply with the agreement.
👉 We think that the hearings we talked about today are within this framework. Of course, it will be monitored at what point the process is.
We may have followers who think that the case is not over because of our news. This is just the situation.