SEC Looking for $5,300,000,000 Penalty Against Terra-Founder Do Kwon, Alleging ‘Brazen Misconduct’: Report

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{"id":"https://dailyhodl.com/?p=285305","title":"SEC Looking for $5,300,000,000 Penalty Against Terra-Founder Do Kwon, Alleging ‘Brazen Misconduct’: Report","primaryLink":"https://dailyhodl.com/2024/04/24/sec-looking-for-5300000000-penalty-against-terra-founder-do-kwon-alleging-brazen-misconduct-report/","links":["https://dailyhodl.com/2024/04/24/sec-looking-for-5300000000-penalty-against-terra-founder-do-kwon-alleging-brazen-misconduct-report/"],"updatedOn":"0001-01-01 00:00:00Z","publishDate":"2024-04-24 22:01:08Z","summary":"

The U.S. Securities and Exchange Commission (SEC) is reportedly looking to hit the disgraced founder of the Terra ecosystem with a multibillion-dollar fine. According to a new report by Bloomberg, the regulatory agency is seeking a $5.3 billion fine against Do Kwon for his role in the downfall of the Terra ecosystem in 2022, alleging […]

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The post SEC Looking for $5,300,000,000 Penalty Against Terra-Founder Do Kwon, Alleging ‘Brazen Misconduct’: Report appeared first on The Daily Hodl.

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