"Terraform Labs agreed to pay the US Securities and Exchange Commission (SEC) approximately 4.47 billion USD to resolve the lawsuit. Do Kwon is responsible for paying approximately 110 million USD in fines and approximately 14.3 million USD pre-judgment interest. The settlement was reached after a jury found Terraform Labs and its co-founder responsible for the collapse of the Terra ecosystem, costing investors $40 billion. .#cryptocurrency#SEC 📉 Leave your opinion below in the comments!"