Home Crypto News Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

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Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

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Sales of LUNA and MIR to institutional investors totaled $65.2 million and $4.3 million, respectively, sales of LUNA and UST through the Luna Foundation Guard (LFG) totaled $1.8 billion, and investors bought $2.3 billion in UST on various crypto asset trading platforms between June 2021 and May 2022, according to court documents.

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