According to BlockBeats, Terraform Labs has agreed to pay a hefty sum of $44.7 billion in a case with the Securities and Exchange Commission (SEC). The news was reported on June 13. The details of the case and the reasons for the settlement have not been disclosed. The SEC, which is responsible for enforcing federal securities laws, has been actively scrutinizing and taking action against various firms in the financial sector. This case marks another significant development in the SEC's ongoing efforts to regulate the financial industry. The settlement amount of $44.7 billion is one of the largest in recent years, indicating the seriousness of the case. Terraform Labs, however, has not released any official statement regarding the settlement or the case.