Terraform Labs 和 Do Kwon 在曼哈頓進行 TerraUSD 臉部測試

由 Do Kwon 領導的 Terraform Labs 在曼哈頓面臨審判，指控其在 TerraUSD 的穩定性及其在韓國行動支付中的區塊鏈使用方面誤導投資者。權沒有出席審判，正在等待從黑山引渡到韓國。 SEC 聲稱 Kwon 和 Terraform 透過未公開的第三方購買支撐了 TerraUSD 的價格，並錯誤地宣傳了其區塊鏈在 Chai 支付中的作用。雙方均否認有不當行為，美國證券交易委員會尋求經濟處罰和產業禁令。

Terraform Labs and Do Kwon Face Trial Over TerraUSD Collapse

Terraform Labs 和 Do Kwon 因 TerraUSD 崩潰而面臨審判

New York City, March 6, 2023 - Terraform Labs, a Singapore-based blockchain company, and its founder, Do Kwon, are scheduled to stand trial in Manhattan on Monday, March 6. The trial stems from allegations by the U.S. Securities and Exchange Commission (SEC) that they misled investors about the stability of TerraUSD (UST), a stablecoin designed to maintain a value of $1.

紐約，2023 年 3 月 6 日 - 總部位於新加坡的區塊鏈公司 Terraform Labs 及其創始人 Do Kwon 計劃於 3 月 6 日星期一在曼哈頓接受審判。該審判源於美國證券交易委員會的指控委員會( SEC) 認為，他們在TerraUSD (UST) 的穩定性方面誤導了投資者，TerraUSD 是一種旨在維持1 美元價值的穩定幣。

The SEC alleges that Terraform Labs and Kwon violated federal securities laws by making false and misleading statements about UST and its underlying blockchain technology. Specifically, the regulator accuses them of claiming that UST was backed by a reserve of traditional assets, such as fiat currency or other stablecoins, when it was not.

SEC 指控 Terraform Labs 和 Kwon 對 UST 及其底層區塊鏈技術做出虛假和誤導性陳述，違反了聯邦證券法。具體來說，監管機構指責他們聲稱 UST 得到了法定貨幣或其他穩定幣等傳統資產儲備的支持，但事實並非如此。

Unstable Foundation and Marketing Misrepresentations

基礎不穩定和行銷不實陳述

According to the SEC, Terraform Labs and Kwon also falsely claimed that UST was widely used for transactions by merchants and customers on the Chai mobile payment app in South Korea. The regulator argues that these misrepresentations lured investors into purchasing UST and its associated token, Luna, leading to significant losses when both tokens collapsed in May 2022.

據 SEC 稱，Terraform Labs 和 Kwon 還錯誤地聲稱 UST 被韓國的 Chai 行動支付應用程式上的商家和客戶廣泛用於交易。監管機構認為，這些虛假陳述誘使投資者購買 UST 及其相關代幣 Luna，導致這兩種代幣在 2022 年 5 月崩盤時造成重大損失。

The SEC estimates that investors lost over $40 billion in the UST and Luna collapse, which sent shockwaves through the cryptocurrency market and contributed to the bankruptcies of several crypto companies.

美國證券交易委員會估計，UST 和 Luna 崩盤使投資者損失超過 400 億美元，這給加密貨幣市場帶來了衝擊，並導致多家加密公司破產。

Extradition Delay and Criminal Charges

引渡延遲和刑事指控

Do Kwon, who has denied the SEC's allegations, is not expected to attend the trial. He was arrested in Montenegro in March 2023 and is currently awaiting extradition to South Korea, where he faces separate criminal charges related to the UST and Luna collapse. A Montenegrin court recently delayed Kwon's extradition after prosecutors expressed concerns about the extradition process.

Do Kwon 否認了 SEC 的指控，預計不會出席審判。他於 2023 年 3 月在黑山被捕，目前正在等待引渡到韓國，他在韓國面臨與 UST 和 Luna 倒塌相關的單獨刑事指控。在檢察官對引渡程序表示擔憂後，黑山一家法院最近推遲了對權的引渡。

Meanwhile, federal prosecutors in New York have also charged Kwon with fraud and are seeking his extradition to the United States.

同時，紐約聯邦檢察官也指控權犯有欺詐罪，並正在尋求將他引渡到美國。

SEC's Case and Legal Precedence

SEC 的案件和法律優先權

The SEC's case against Terraform Labs and Kwon is significant as it represents one of the first major enforcement actions by regulators against a stablecoin issuer. The agency's pursuit of civil penalties and industry bans against Kwon and Terraform sends a strong message that it intends to hold crypto companies accountable for misleading investors.

美國證券交易委員會針對 Terraform Labs 和 Kwon 的案件意義重大，因為它是監管機構針對穩定幣發行人採取的首批重大執法行動之一。該機構對 Kwon 和 Terraform 進行民事處罰和行業禁令發出了一個強烈的信息，即它打算讓加密貨幣公司對誤導投資者負責。

The SEC's previous success in a related case against Terraform Labs in December 2022, in which the court ruled that the company had unlawfully sold digital assets without registering them as securities, sets a precedent for the upcoming trial.

SEC 先前曾於2022 年12 月在針對Terraform Labs 的相關案件中取得成功，法院在該案件中裁定該公司在未將數位資產註冊為證券的情況下非法出售數位資產，為即將進行的審判開創了先例。

As the trial progresses, it will be closely watched by investors, regulators, and the crypto industry alike as it could have far-reaching implications for the regulation of stablecoins and digital assets. The outcome of the case may determine the future of stablecoins and the level of investor protection in the rapidly evolving cryptocurrency market.

隨著試驗的進展，它將受到投資者、監管機構和加密貨幣行業的密切關注，因為它可能對穩定幣和數位資產的監管產生深遠的影響。該案的結果可能決定穩定幣的未來以及快速發展的加密貨幣市場中投資者保護的程度。