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Jury Verdicts Settlement Disgorgement

Seward & Kissel LLP

Poor Form: Terraform Labs to pay $4.5 Billion

Seward & Kissel LLP on

On June 13, 2024, Terraform Labs PTE, Ltd. and Do Kwon agreed to pay more than $4.5 billion to settle the SEC’s case against them. The settlement followed a jury verdict holding Terraform Labs and Kwon liable for securities...more

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