Experts Warn SEC’s Consolidated Audit Trail Is Unconstitutional
The SEC asked a New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon to resolve the civil fraud case against them. The regulator says the fines are a “conservative” but “reasonable approximation” of Terraform and Kwon’s “ill-gotten gains” from the fraud. The U.S. Securities and Exchange Commission (SEC) has […]