Odaily Planet Daily News After a jury ruled that Terraform Labs and its co-founder Do Kwon were responsible in a fraud case with the US SEC, a US federal judge ordered the parties to discuss compensation plans ranging from millions to billions of dollars. Court documents show that Jed Rakoff, a judge at the Federal District Court for the Southern District of New York, said that lawyers for the SEC, Kwon, and Terraform should appear in court on May 22 to argue about the compensation plan. Previously, the parties had submitted their respective requests for forfeiture gains, prejudgment interest, and civil penalties, but the judge allowed the parties to supplement the materials before the court appearance. The SEC requires Kwon and Terraform to pay approximately $4.7 billion in forfeiture gains and prejudgment interest, as well as a total of $520 million in civil penalties; Terraform's legal team suggested a $1 million civil penalty without paying forfeiture gains. Both parties will submit supplementary proposals by May 6 and May 1, respectively. (Cointelegraph)