Approximately 56% of the SEC's $8.2 billion in fiscal-year 2024 financial remedies came from the monetary judgment against Terraform Labs and Do Kwon.
Notes on verification
Directly confirmed by SEC's own press release (2024-186) with exact matching language, and independently corroborated by multiple financial and legal news outlets.
Sources
- SEC Announces Enforcement Results for Fiscal Year 2024 (sec.gov)
- https://decrypt.co/293544/sec-rakes-in-8-2b-in-penalties-for-2024-over-half-tied-to-terraform-labs (decrypt.co)
- https://www.financemagnates.com/cryptocurrency/sec-collected-record-82b-in-remedies-in-2024-56-came-from-terraform-labs/ (financemagnates.com)
- https://coingeek.com/sec-bags-8-2b-in-fines-in-2024-over-half-from-terraform/ (coingeek.com)
- https://sec3compliance.com/regulatory-roundup-for-december-2024/ (sec3compliance.com)