Do kwon sec articles
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SEC seeks $5.3 billion from Terraform Labs and Do Kwon
The US Securities and Exchange Commission (SEC) seeks a $5.3 billion judgement against Terraform Labs and co-founder & CEO Do Kwon. Terraform Labs filed a motion for settlement at $3.5 million; dO Kwon offered $800,000. The US Securities and Exchange Commission (SEC) is after a $5.3 billion judgement against Terraform Labs and its co-founder and […]
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Terraform Labs And Do Kwon Face $5.3B Penalties In SEC Fraud Case
In a significant development in the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Terraform Labs, a jury has found the blockchain protocol and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022. In response, the SEC has filed a motion seeking […]
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Trump Media's accountant is charged with "massive fraud" by the SEC
BF Borgers, the independent accounting firm for Trump Media & Technology Group, is facing allegations of "massive fraud" from the Securities and Exchange Commission, which on Friday claimed the auditor ran a "sham audit mill" that put investors at risk. The SEC said Borgers has been shut down, noting that the company agreed to a permanent suspension from appearing and practicing before the agency as accountants. The suspension is effective immediately. Additionally, BF Borgers agreed to pay a...