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Final settlement between Terraform Labs and SEC by end of 2024?
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Resolution / Starting Odds
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No • 50%
Official court filings and SEC announcements
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Terraform Labs and Do Kwon Tentatively Settle SEC Fraud Case Over TerraUSD and Luna
May 30, 2024, 03:51 PM
Singapore-based Terraform Labs and its founder, Do Kwon, have tentatively agreed to settle a fraud case brought by the U.S. Securities and Exchange Commission (SEC). According to recent court filings, the SEC had accused Terraform Labs and Do Kwon of misleading investors before the 2022 collapse of the stablecoin TerraUSD and the associated cryptocurrency Luna. The settlement, which is still tentative, aims to resolve these allegations.
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SEC • 33%
American Entity • 33%
Canadian Entity • 33%
Less than 25% • 33%
25% to 50% • 33%
More than 50% • 33%
Market rises • 33%
Market falls • 33%
Market remains stable • 33%
