{"id":2028,"date":"2024-06-12T18:02:00","date_gmt":"2024-06-12T18:02:00","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/06\/12\/terraform-labs-to-resolve-sec-case-for-4-47-billion\/"},"modified":"2024-06-12T18:02:00","modified_gmt":"2024-06-12T18:02:00","slug":"terraform-labs-to-resolve-sec-case-for-4-47-billion","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/06\/12\/terraform-labs-to-resolve-sec-case-for-4-47-billion\/","title":{"rendered":"Terraform Labs to Resolve SEC Case for $4.47 Billion"},"content":{"rendered":"<p>A jury recently concluded that Terraform and its founder, Do Kwon, bear legal responsibility for the company&#8217;s collapse in 2022. Initially, the SEC sought $5.3 billion in fines from both parties. Following Terra&#8217;s $60 billion crash, which had a ripple effect on the digital asset industry, several entities faced bankruptcy. Do Kwon, a former cryptocurrency mogul, was on the run for some time, but has been approved for extradition to the United States or South Korea on multiple occasions.<\/p>\n<p>Currently, the destination for Kwon&#8217;s extradition remains unknown, but he may potentially face a lengthy prison sentence for his involvement in Terra&#8217;s downfall.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A jury recently concluded that Terraform and its founder, Do Kwon, bear legal responsibility for the company&#8217;s collapse in 2022. Initially, the SEC sought $5.3 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[395],"tags":[],"class_list":["post-2028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-do-kwon"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/2028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=2028"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/2028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/2027"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=2028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=2028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=2028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}