SEC wants to impose record $5.3B fine on crypto firm, founder
Failed TerraUSD stablecoin penalty would be crypto's highest to date.
The US Securities & Exchange Commission wants to impose a $5.3 billion fine on Terraform Labs Pte. and its co-founder Do Kwon, the inventor of the failed TerraUSD stablecoin.
Details of the proposed fine, which would be the crypto industry’s largest, come after Kwon and Terraform were
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