SEC 在 Terra 倒塌案中提出破纪录的 5.3B 美元罚款请求

美国证券交易委员会 (SEC) 已提交一项动议，要求 Terraform Labs 及其创始人 Do Kwon 就与 Terra 生态系统崩溃相关的欺诈行为赔偿 53 亿美元的累积损失。如果实施罚款，可能会超过迄今为止征收的最大加密货币罚款。 Kwon 对 SEC 的要求提出异议，反对禁令救济，并声称没收罚款是不合理的。

SEC Seeks Unprecedented $5.3 Billion in Penalties for Terraform Labs and Do Kwon in Terra Collapse Case

SEC 在 Terra 崩溃案中寻求对 Terraform Labs 和 Do Kwon 处以前所未有的 53 亿美元罚款

New York, NY - In an unprecedented move, the United States Securities and Exchange Commission (SEC) has filed a request for Terraform Labs (TFL) and its founder, Do Kwon, to pay a staggering $5.3 billion in damages for fraud related to the collapse of the Terra blockchain. This penalty, if imposed by the court, would constitute the largest cryptocurrency-related enforcement action in history.

纽约州纽约 - 美国证券交易委员会 (SEC) 采取了史无前例的举措，要求 Terraform Labs (TFL) 及其创始人 Do Kwon 支付高达 53 亿美元的欺诈损失赔偿金。 Terra 区块链的崩溃。如果法院判处这一处罚，将构成历史上最大的与加密货币相关的执法行动。

SEC's Allegations and Damages Sought

SEC 的指控和寻求的损害赔偿

The SEC's complaint, filed on April 19, alleges that TFL and Kwon engaged in a series of misleading and deceptive practices related to the marketing and sale of the Terra blockchain's native tokens, LUNA and UST. Specifically, the SEC accuses the defendants of:

美国证券交易委员会于 4 月 19 日提交的投诉称，TFL 和 Kwon 参与了一系列与 Terra 区块链原生代币 LUNA 和 UST 的营销和销售相关的误导和欺骗行为。具体来说，美国证券交易委员会指控被告：

• Misleading investors about the stability and risk profile of LUNA and UST, including claiming that UST was fully collateralized by LUNA.
• Failing to disclose that Kwon and TFL had pre-mined a significant portion of LUNA, giving them an unfair advantage over investors.
• Using misleading marketing tactics to artificially inflate the value of LUNA and UST.

As a result of these alleged violations, the SEC is seeking a disgorgement order of approximately $4.2 billion, representing the amount of illegal profits generated by TFL and Kwon, as well as $546 million in pre-judgment interest. Additionally, the SEC is requesting civil penalties of $420 million against Terraform Labs and $100 million against Do Kwon personally.

误导投资者关于 LUNA 和 UST 的稳定性和风险状况，包括声称 UST 完全由 LUNA 抵押。未披露 Kwon 和 TFL 预先开采了 LUNA 的很大一部分，使他们相对于投资者具有不公平的优势。利用误导营销策略人为抬高 LUNA 和 UST 的价值。由于这些涉嫌违规行为，SEC 正在寻求一项约 42 亿美元的归还令，其中包括 TFL 和 Kwon 的非法利润，以及 5.46 亿美元的非法利润。预判利息。此外，SEC 还要求对 Terraform Labs 处以 4.2 亿美元的民事罚款，对 Do Kwon 个人处以 1 亿美元的民事罚款。

Potential Consequences and Implications

潜在后果和影响

Should the court approve the SEC's request, the consequences for TFL and Kwon would be severe. The monetary penalties alone would amount to a significant financial burden, potentially crippling the operations of Terraform Labs and permanently damaging Kwon's reputation as a cryptocurrency entrepreneur.

如果法院批准 SEC 的请求，TFL 和 Kwon 面临的后果将是严重的。仅罚款一项就构成了巨大的财务负担，可能会削弱 Terraform Labs 的运营，并永久损害 Kwon 作为加密货币企业家的声誉。

Furthermore, the court's order would bar Kwon from serving as a director or officer of any securities issuer, effectively prohibiting him from participating in the management of public companies in the future. This prohibition would send a strong message to other cryptocurrency executives about the consequences of engaging in fraudulent or deceptive practices.

此外，法院的命令将禁止权担任任何证券发行人的董事或高级管理人员，从而有效地禁止他将来参与上市公司的管理。这项禁令将向其他加密货币高管发出强烈信息，告诉他们参与欺诈或欺骗行为的后果。

The case against TFL and Kwon also has broader implications for the cryptocurrency industry. It highlights the SEC's increasing willingness to pursue enforcement actions against crypto companies and individuals for violations of securities laws. This development suggests that the regulatory landscape for the crypto industry is rapidly evolving, and firms operating in this space must take steps to comply with applicable regulations.

针对 TFL 和 Kwon 的案件也对加密货币行业产生了更广泛的影响。它凸显了美国证券交易委员会越来越愿意对违反证券法的加密货币公司和个人采取执法行动。这一发展表明，加密货币行业的监管环境正在迅速发展，在该领域运营的公司必须采取措施遵守适用的法规。

Kwon's Counterarguments

权的反驳

In response to the SEC's request for damages, Kwon has filed a counterargument, asserting that the SEC has failed to provide sufficient evidence to support its allegations. He claims that he did not personally benefit from the alleged scheme and that any losses suffered by investors were due to market forces, not any misconduct on his part.

针对 SEC 的损害赔偿请求，Kwon 提出了反驳，声称 SEC 未能提供足够的证据来支持其指控。他声称，他个人并没有从所指控的计划中受益，投资者遭受的任何损失都是由市场力量造成的，而不是他的任何不当行为。

Kwon's lawyers have also argued that the disgorgement fines are excessive and that the civil penalties sought by the SEC are disproportionate to the alleged misconduct. They maintain that Kwon should only be charged a minimal penalty, if any at all.

权的律师还辩称，没收非法所得的罚款过高，而且美国证券交易委员会寻求的民事处罚与所指控的不当行为不相称。他们认为，如果有的话，权应该只受到最低限度的处罚。

The court is currently considering the arguments of both sides and will ultimately decide on the appropriate penalties for Terraform Labs and Do Kwon. The outcome of this case will have significant implications for the cryptocurrency industry and set a precedent for future enforcement actions against crypto companies.

法院目前正在考虑双方的论点，并将最终决定对 Terraform Labs 和 Do Kwon 进行适当的处​​罚。此案的结果将对加密货币行业产生重大影响，并为未来针对加密货币公司的执法行动树立先例。