The U.S. Securities and Change Fee (SEC) has launched an data web page for buyers harmed by the collapse of Terraform Labs.
The U.S. Securities and Change Fee (SEC) has launched an data web page for buyers harmed by the collapse of Terraform Labs.
This follows a closing consent judgment permitted on June 12, 2024, by the U.S. District Court docket for the Southern District of New York in opposition to Terraform Labs and its founder, Do Hyeong Kwon.
The judgment mandates Kwon to switch at the very least $204,320,196 to the Terraform chapter property for distribution to affected buyers. Additional particulars might be discovered on the SEC’s official web site, with an official date for repayments to be introduced.
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