主要加密貨幣高管在歷史性詐欺案中被追究責任

在一項具有里程碑意義的裁決中，曼哈頓陪審團裁定 Do Kwon 和 Terraform Labs 在 SEC 發起的民事詐欺審判中承擔責任。陪審團認為被告對誤導投資者負責，導致UST穩定幣在2022年崩盤，隨後引發了加密貨幣市場崩盤。 Terraform Labs 對結果表示失望，表示他們將考慮自己的選擇，而 SEC 稱讚該判決證明了加密貨幣行業合規性的必要性。

Landmark Ruling: Do Kwon and Terraform Labs Held Liable for Fraud in Historic SEC Trial

里程碑式的裁決：Do Kwon 和 Terraform Labs 在 SEC 歷史性審判中對詐欺承擔責任

In a groundbreaking verdict that reverberated through the cryptocurrency world, a jury in the Southern District of New York found Do Kwon, the co-founder of Terraform Labs, and the company itself liable for misleading investors in the catastrophic collapse of the TerraUSD (UST) stablecoin in 2022. The landmark ruling represents a significant victory for the Securities and Exchange Commission (SEC), which brought the civil fraud lawsuit against Kwon and Terraform Labs.

在一項震驚加密貨幣世界的開創性判決中，紐約南區陪審團裁定 Terraform Labs 聯合創始人 Do Kwon 以及該公司本身對 TerraUSD (UST) 的災難性崩盤負有誤導投資者的責任2022 年，穩定幣問世。這項具有里程碑意義的裁決代表著美國證券交易委員會(SEC) 的重大勝利，該委員會對Kwon 和Terraform Labs 提起了民事詐欺訴訟。

The jury's decision, reached after a two-week trial, followed closing arguments in a case that captivated the cryptocurrency community and raised fundamental questions about the regulation and oversight of digital assets. The SEC had accused Kwon and Terraform Labs of making false and misleading statements about the stability and risk profile of UST, a stablecoin pegged to the US dollar.

陪審團在經過兩週的審判後做出的決定是在一個引起加密貨幣社區關注並提出有關數位資產監管和監督的基本問題的案件的結案陳詞之後做出的。美國證券交易委員會指控 Kwon 和 Terraform Labs 對與美元掛鉤的穩定幣 UST 的穩定性和風險狀況做出虛假和誤導性陳述。

During the trial, the SEC presented evidence that Kwon and Terraform Labs misled investors about the safety and reliability of UST, falsely claiming that it was fully backed by reserves and that its value was stable. The jury found that these representations were false and that Kwon and Terraform Labs had failed to disclose material information about the risks associated with investing in UST.

在審判期間，SEC 提供的證據表明，Kwon 和 Terraform Labs 在 UST 的安全性和可靠性方面誤導了投資者，錯誤地聲稱其完全由儲備支持且其價值穩定。陪審團發現這些陳述是錯誤的，Kwon 和 Terraform Labs 未能披露有關投資 UST 相關風險的重要資訊。

The collapse of UST in May 2022 triggered a wider market meltdown, contributing to the bankruptcy of several crypto companies and causing billions of dollars in losses to investors. The SEC's charges against Kwon and Terraform Labs allege that their misleading statements contributed significantly to the market crash.

2022 年 5 月 UST 的崩盤引發了更廣泛的市場崩盤，導致多家加密貨幣公司破產，並給投資者造成了數十億美元的損失。美國證券交易委員會對 Kwon 和 Terraform Labs 的指控稱，他們的誤導性陳述在很大程度上導致了市場崩盤。

In a statement following the verdict, SEC Enforcement Division Director Gurbir Grewal hailed the jury's decision as a vindication of the agency's efforts to protect investors in the rapidly evolving cryptocurrency market.

在判決後的聲明中，SEC 執法部門主管 Gurbir Grewal 對陪審團的決定表示歡迎，認為該決定證明了該機構在快速發展的加密貨幣市場中為保護投資者所做的努力是正確的。

"For all of crypto's promises, the lack of registration and compliance have very real consequences for real people," Grewal said. "Today, a jury found that Do Kwon and Terraform Labs engaged in an unlawful scheme to defraud investors by promoting and selling unregistered securities while making false and misleading statements about their so-called stablecoin."

「對於加密貨幣的所有承諾，缺乏註冊和合規性對現實中的人們產生了非常現實的後果，」格雷瓦爾說。 「今天，陪審團發現 Do Kwon 和 Terraform Labs 參與了一項非法計劃，透過推銷和銷售未註冊的證券來欺騙投資者，同時對其所謂的穩定幣做出虛假和誤導性陳述。”

The verdict against Kwon and Terraform Labs sends a clear message that the SEC will not tolerate fraud and misrepresentation in the cryptocurrency sector. It is expected to have a chilling effect on similar schemes and serve as a wake-up call to other companies operating in the digital asset space.

針對 Kwon 和 Terraform Labs 的判決發出了一個明確的訊息，即 SEC 不會容忍加密貨幣領域的詐欺和不實陳述。預計這將對類似計劃產生寒蟬效應，並為數位資產領域的其他公司敲響警鐘。

Terraform Labs expressed disappointment with the verdict and stated that it was considering its options, including an appeal. However, the company's legal challenges are expected to face an uphill battle following the jury's overwhelming rejection of its defenses.

Terraform Labs 對判決表示失望，並表示正在考慮其選擇，包括上訴。然而，在陪審團以壓倒性多數駁回其抗辯後，該公司的法律挑戰預計將面臨一場艱苦的戰鬥。

The SEC's successful prosecution of Kwon and Terraform Labs is a significant step forward in the agency's efforts to bring order and accountability to the cryptocurrency market. It is a reminder that the law applies equally to all market participants, regardless of the novelty or complexity of the products they offer.

美國證券交易委員會成功起訴 Kwon 和 Terraform Labs，這是該機構為加密貨幣市場帶來秩序和問責制的努力中向前邁出的重要一步。值得注意的是，該法律平等地適用於所有市場參與者，無論他們提供的產品是否新穎或複雜。

The verdict is likely to have far-reaching implications for the future of crypto regulation. It is expected to bolster the SEC's authority to police the digital asset space and encourage greater compliance with existing securities laws. It also highlights the need for policymakers to develop clear and comprehensive regulations for stablecoins and other digital assets.

該判決可能會對加密貨幣監管的未來產生深遠的影響。預計它將增強美國證券交易委員會監管數位資產領域的權力，並鼓勵更多遵守現有證券法。它還強調政策制定者需要為穩定幣和其他數位資產制定明確而全面的法規。

As the cryptocurrency industry continues to evolve, the SEC's victory in the Terraform Labs case sets an important precedent and establishes a clear legal framework for the development and operation of digital assets. By holding Kwon and Terraform Labs accountable for their fraudulent actions, the SEC has sent a strong signal that the Wild West days of the cryptocurrency market are over.

隨著加密貨幣產業的不斷發展，SEC在Terraform Labs案的勝利樹立了重要先例，並為數位資產的開發和營運建立了明確的法律框架。透過追究 Kwon 和 Terraform Labs 的詐欺行為責任，美國證券交易委員會發出了一個強烈的信號：加密貨幣市場的狂野西部時代已經結束。