Of the $4,473,828,306 that Terraform Labs and Kwon should pay to the SEC in disgorgement, prejudgment curiosity, and civil penalties, Kwon should pay not less than $204,320,196 out of his personal pocket. The steep penalty is barely decrease than the SEC’s first settlement supply of $5.3 billion in fines, however a lot greater than the digital slap on the wrist – a $1 million civil penalty and no disgorgement or injunctions – Terraform Labs steered to the courtroom in its April memorandum of opposition to the SEC’s movement for last judgment.
