“From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble”
July 1, 2024
“…
- Judge approves $4.5 billion settlement between Do Kwon, Terraform Labs, and the U.S. Securities and Exchange Commission.
- Binance previously settled with the U.S. in November for $4.3 billion.
- Recent spate of criminal convictions and fines mark resolution for multiple bad actors who helped upend crypto sector in 2022.
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