The post Terraform Labs Challenges $5.3B SEC Fine, Suggest $1M Penalty Due to Lack of Evidence appeared first on Coinpedia Fintech News In a legal battle unfolding in March 2024, Terraform Labs and its co-founder Do Kwon faced fraud charges from a New York jury, with U.S. regulators seeking a $5.3 billion penalty. Terraform’s lawyers immediately oppose the allegations, citing jurisdictional and evidentiary issues. They argue that most of the token sales occurred outside the U.S., questioning … For Further Information Click on Below Button