During the collapse of LUNA and UST, the number of LUNA, UST and MIR sold by TerraformLabs in 3 major stock exchanges was revealed by the SEC and the compensation amount was calculated based on these sales.

In the table below you see sales worth over $20 billion...

The profit sales made by TerraformLabs were revealed by the SEC, and compensation was calculated as over $4 billion. In the case ongoing in the USA, a compensation amount of over $4 billion was requested by the SEC.

At this point; We see that an agreement has been reached between the SEC and TerraFormLabs. Judge Rakoff sent an e-mail to the parties and said that the memorandum of understanding should be forwarded to the Court by June 12.

The agreement made; He drew attention to the fact that it was in parallel with the main decision of the court.

Here is the email sent by Rakoff to the parties... 👇

We wonder how the issue of $4 billion compensation amount in the memorandum was overcome. We do not know who played an important role in this agreement. We may have guesses. However, we think it would not be right to make a comment without seeing the results.

The memorandum will be given to Judge Rakoff on June 12. We will be able to learn the details later...

We may not be able to access the details of the agreement immediately. The court will give its decision on this issue later. However, a statement may be made by Terra or the SEC.

TFL CEO Chris Amani said he would make a statement, but no statement was made. We expected him to make a statement at the beginning of the week. It turns out that; There may be changes to the agreement.

The outcome of the case will be very important for #LUNC ,#USTC and #LUNA . Investors' excited wait continues. You can follow the details on our page...

$LUNC $USTC $LUNA #Binance200M #BnbAth