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Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined

Terraform Labs is ceasing operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community.

United statesMichael egorovChris amaniSolana foundationTerraform labExchange commissionFinance redefinedTerraform labsUnited states securitiesCrystal intelligenceCurve financeArkham intelligenceCointelegraph markets pro

Terraform Labs PTE, Founder Do Kwon, To Pay $4 5 Billion Penalty Following SEC Lawsuit

The Securities and Exchange Commission (SEC) reports that Terraform Labs PTE, Ltd. and founder Do Kwon will pay a $4.5 billion penalty as they have been found

New yorkUnited statesGary genslerUs district courtExchange commissionSupreme courtTerraform labs pte ltdTerraform labsSouthern district

Ripple Cites Terraform Fine In Call To Limit SEC Penalty

Ripple Labs Inc. says the U.S. Securities and Exchange Commission's recent settlement with fellow crypto firm Terraform Labs, with the company agreeing to pay a $420 million civil penalty, is further proof of the "unreasonableness" of the agency's request that it be made to pay a much larger fine for activities that did not amount to fraud.

Jessica corsoRipple labs incExchange commissionTerraform labs

Terraform Labs and co-founder Do Kwon agree to $4 47B settlement with SEC

Terraform Labs and co-founder Do Kwon agree to $4.47B settlement with SEC - SiliconANGLE

South koreaMichael dellAndy jassyPat gelsingerExchange commissionTerraform labsJohn furrierDell technologies

Terraform set to pay $4 47 billion in settlement to the SEC over lawsuit

Terraform set to pay $4 47 billion in settlement to the SEC over lawsuit
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