Terraform Labs and Do Kwon just got slapped with a $4.5 bill

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Terraform Labs and Do Kwon just got slapped with a $4.5 billion fine by the SEC for their role in the whole TerraUSD (UST) collapse. This includes paying back profits, interest, and penalties. Good riddance! 😬 But here's the real question: ❓️🤔 Will any of this money go back to the people who lost everything, especially those outside the US? That's not entirely clear yet. 🤐👀 A lot of folks, especially those chasing those super high yields (remember the 20-30% APY on UST?), got burned real bad in this crash. 💸🫣 It would be nice to see them get some compensation, but the details on how (or even if) that will happen are still up in the air. 🔎🤷 Share your thoughts with us and stay tuned for more updates! DYOR! #TopCoinsJune2024 #altcoins $LUNA $LUNC

Terraform Labs and Do Kwon just got slapped with a $4.5 billion fine by the SEC for their role in the whole TerraUSD (UST) collapse. This includes paying back profits, interest, and penalties. Good riddance! 😬
But here's the real question: ❓️🤔 Will any of this money go back to the people who lost everything, especially those outside the US? That's not entirely clear yet. 🤐👀
A lot of folks, especially those chasing those super high yields (remember the 20-30% APY on UST?), got burned real bad in this crash. 💸🫣 It would be nice to see them get some compensation, but the details on how (or even if) that will happen are still up in the air. 🔎🤷
Share your thoughts with us and stay tuned for more updates! DYOR! #TopCoinsJune2024 #altcoins $LUNA $LUNC 