The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million. Source link
According to crypto lawyer John Deaton, the outcome of a Jan. 30, 2022 hearing of LBRY’s Motion to Limit the SEC’s Remedies will set crucial precedents for the crypto industry in the U.S….