Terraform Labs 在 SEC 53 億美元詐欺索賠中尋求 100 萬美元罰款

Terraform Labs 的律師認為 SEC 提議的 53 億美元罰款過高，應減少至 100 萬美元。他們認為 Luna Foundation Guard (LFG)，而不是 Terraform Labs，應該承擔非法所得費用，因為 LFG 出售了產生資金的代幣。律師還聲稱，SEC 未能將 LFG 列為被告，因此禁止 Terraform Labs 交出 LFG 資金的命令在法律上是不被允許的。

SEC Proposes $5.3 Billion Penalty in Terraform Labs Fraud Case, Defense Counters with $1 Million Request

SEC 提議對 Terraform Labs 詐欺案處以 53 億美元罰款，辯方反駁要求 100 萬美元

In a major development in the ongoing legal battle between Terraform Labs and the United States Securities and Exchange Commission (SEC), lawyers representing Terraform Labs have filed a response to the SEC's proposed $5.3 billion penalty, advocating for a significantly reduced fine of $1 million.

Terraform Labs 與美國證券交易委員會 (SEC) 之間正在進行的法律鬥爭取得了重大進展，代表 Terraform Labs 的律師已對 SEC 擬議的 53 億美元罰款做出回應，主張大幅減少 100 萬美元的罰款。

SEC's Allegations and Proposed Penalty

SEC 的指控和擬議處罰

The SEC has accused Terraform Labs and its co-founder, Do Kwon, of defrauding investors through the sale of the algorithmic stablecoin TerraUSD (UST) and its associated LUNA token. The SEC claims that Terraform Labs and Kwon misled investors about the stability of UST and its ability to maintain a $1 peg.

美國證券交易委員會指控 Terraform Labs 及其聯合創始人 Do Kwon 透過出售演算法穩定幣 TerraUSD (UST) 及其相關的 LUNA 代幣來欺騙投資者。美國證券交易委員會聲稱，Terraform Labs 和 Kwon 在 UST 的穩定性及其維持 1 美元掛鉤的能力方面誤導了投資者。

The SEC has proposed a penalty of $4.7 billion in disgorgement charges and prejudgment interest, along with a $520 million payment in civil penalties. These penalties would effectively bankrupt Terraform Labs and cripple its ability to continue operating.

美國證券交易委員會 (SEC) 提議處以 47 億美元的非法所得罰款和預判利息，以及 5.2 億美元的民事罰款。這些處罰實際上將使 Terraform Labs 破產並削弱其繼續運營的能力。

Defense's Counterarguments

辯方的反駁

In their response to the SEC's proposed penalty, lawyers for Terraform Labs have presented several arguments in support of their request for a $1 million fine.

在回應 SEC 擬議的處罰時，Terraform Labs 的律師提出了多項論點來支持他們提出的 100 萬美元罰款請求。

Firstly, they argue that the SEC has not provided sufficient evidence to support its claims of fraud. They contend that the SEC's allegations are based on selective and incomplete information and that Terraform Labs and Kwon acted in good faith.

首先，他們認為 SEC 沒有提供足夠的證據來支持其詐欺指控。他們認為 SEC 的指控是基於選擇性和不完整的訊息，而 Terraform Labs 和 Kwon 的行為是善意的。

Secondly, the defense attorneys argue that the SEC has failed to establish that Terraform Labs and Kwon received any proceeds from the sale of LUNA tokens. They assert that the LUNA Foundation Guard (LFG), a non-profit organization, was responsible for the sale of LUNA tokens and that Terraform Labs did not receive any of the funds raised.

其次，辯護律師辯稱，SEC 未能證明 Terraform Labs 和 Kwon 從出售 LUNA 代幣中獲得了任何收益。他們聲稱，非營利組織 LUNA Foundation Guard (LFG) 負責 LUNA 代幣的銷售，而 Terraform Labs 沒有收到任何籌集的資金。

Thirdly, the defense maintains that the SEC's proposed penalty is excessive and disproportionate to the alleged wrongdoing. They argue that a $1 million fine would be sufficient to deter future misconduct without unduly burdening Terraform Labs or its investors.

第三，辯方認為 SEC 提議的處罰過重且與所指控的不當行為不成比例。他們認為，100 萬美元的罰款足以阻止未來的不當行為，而不會給 Terraform Labs 或其投資者帶來過度負擔。

The Terraform Labs and Do Kwon Case

Terraform 實驗室和 Do Kwon 案例

The SEC's lawsuit against Terraform Labs and Do Kwon is one of the most significant enforcement actions in the history of the cryptocurrency industry. The case has raised important questions about the regulation of algorithmic stablecoins and the potential for fraud in the crypto market.

美國證券交易委員會對 Terraform Labs 和 Do Kwon 的訴訟是加密貨幣行業歷史上最重要的執法行動之一。該案件引發了有關演算法穩定幣監管以及加密市場詐欺可能性的重要問題。

Do Kwon, who has been notably absent from recent court proceedings due to travel restrictions, has been detained in Montenegro and is facing extradition requests from both the United States and South Korea.

由於旅行限制，Do Kwon 明顯缺席了最近的法庭訴訟，他已在黑山被拘留，並面臨美國和韓國的引渡請求。

Implications for the Cryptocurrency Industry

對加密貨幣產業的影響

The outcome of the Terraform Labs and Do Kwon case will have significant implications for the cryptocurrency industry. A hefty penalty would send a strong message about the SEC's commitment to holding crypto companies accountable for fraudulent activities. However, a lenient penalty could embolden other crypto companies to engage in similar misconduct.

Terraform Labs 和 Do Kwon 案件的結果將對加密貨幣產業產生重大影響。嚴厲的處罰將發出強烈的訊息，表明美國證券交易委員會致力於讓加密貨幣公司對詐欺活動負責。然而，寬鬆的處罰可能會鼓勵其他加密貨幣公司從事類似的不當行為。

The case is currently ongoing, and it remains to be seen whether the SEC will accept the defense's request for a reduced penalty. The final outcome of the case will likely shape the future of cryptocurrency regulation and the industry's ability to operate in a transparent and accountable manner.

目前案件正在審理中，SEC是否會接受辯方減輕處罰的請求仍有待觀察。該案的最終結果可能會影響加密貨幣監管的未來以及該行業以透明和負責任的方式運作的能力。