Terraform 拒絕 SEC 的 5.3B 美元罰款，並在具有里程碑意義的加密貨幣案件中提出 100 萬美元的報價

Terraform Labs 與 SEC 之間的法律鬥爭仍在繼續，Terraform 對擬議的 53 億美元罰款提出異議。該公司的律師主張判處 100 萬美元的較輕處罰，並聲稱 SEC 的欺詐指控是不合理的。然而，美國證券交易委員會堅持認為，巨額罰款對於阻止加密產業未來的不當行為是必要的。

Terraform Labs Rejects SEC's Massive $5.3 Billion Fine, Counters with Meager Proposal

Terraform Labs 拒絕 SEC 巨額 53 億美元罰款，並以微薄提案反駁

New York, April X, 2023 – Terraform Labs and its founder, Do Kwon, are fiercely contesting the Securities and Exchange Commission's (SEC) unprecedented $5.3 billion fine, labeling it as "unjustified" and proposing a paltry $1 million penalty instead.

紐約，2023 年4 月X 日– Terraform Labs 及其創始人Do Kwon 對美國證券交易委員會(SEC) 史無前例的53 億美元罰款提出激烈異議，稱其“不合理”，並提議改為微不足道的100 萬美元罰款。

SEC's Allegations and Proposed Fine

SEC 的指控和擬議罰款

Following a jury's verdict finding Terraform Labs and Kwon liable for defrauding investors, the SEC unveiled its intention to impose a colossal $5.3 billion fine upon the company and its founder. The proposed fine, the largest ever levied against a crypto entity, comprises approximately $4.7 billion in disgorgement and prejudgment interest, as well as $100 million and $420 million in civil penalties for Kwon and Terraform, respectively.

在陪審團裁定 Terraform Labs 和 Kwon 對欺詐投資者負有責任後，美國證券交易委員會 (SEC) 宣布打算對該公司及其創始人處以 53 億美元巨額罰款。擬議的罰款是有史以來針對加密貨幣實體徵收的最大罰款，其中包括約 47 億美元的非法所得和預判利息，以及對 Kwon 和 Terraform 分別罰款 1 億美元和 4.2 億美元的民事罰款。

The SEC's lawsuit alleges that Terraform Labs and Kwon violated securities laws by misleading investors about TerraUSD (UST), a stablecoin that catastrophically collapsed in May 2022. The lawsuit further accuses the defendants of profiting handsomely from unregistered token sales, amassing over $4 billion in "ill-gotten gains."

美國證券交易委員會的訴訟稱，Terraform Labs 和Kwon 誤導投資者有關TerraUSD (UST) 的信息，違反了證券法。指控被告從未註冊的代幣銷售中獲利豐厚，在「不義之財」。

Terraform's Contention and Proposal

Terraform 的爭論與建議

Terraform's legal team has vehemently rejected the proposed fine, arguing that it is "grossly excessive and disproportionate" to any alleged wrongdoing. The team contends that Kwon's actions had no substantial impact within the United States and were conducted primarily in Korea and Singapore.

Terraform 的法律團隊強烈拒絕了擬議的罰款，認為對於任何涉嫌的不當行為來說，這「嚴重過度且不成比例」。團隊認為，權的行為在美國沒有產生實質影響，主要是在韓國和新加坡進行的。

In a court filing, Terraform's lawyers proposed a civil penalty of just $1 million, without injunctive relief or disgorgement. They argued that the proposed fine would impose an insurmountable financial burden on Terraform and stifle innovation within the blockchain industry.

在一份法庭文件中，Terraform 的律師提議僅處以 100 萬美元的民事罰款，且不提供禁制令救濟或沒收非法所得。他們認為，擬議的罰款會給 Terraform 帶來難以克服的財務負擔，並扼殺區塊鏈產業的創新。

Upcoming Court Hearing

即將舉行的法庭聽證會

Judge Jed Rakoff has scheduled a court hearing for May 22 to discuss the proposed remedies following the jury verdict. The hearing will provide both parties an opportunity to present further evidence and arguments regarding the appropriate level of penalty.

法官 Jed Rakoff 已安排 5 月 22 日舉行法庭聽證會，討論陪審團裁決後提出的補救措施。聽證會將為雙方提供關於適當處罰等級的進一步證據和論點的機會。

Implications for the Crypto Industry

對加密產業的影響

The outcome of this legal battle will have far-reaching implications for the entire cryptocurrency industry. The SEC's aggressive pursuit of Terraform Labs sends a strong signal that it intends to crack down on fraud and misconduct in the digital asset space. However, Terraform's defiance could embolden other crypto companies to challenge regulatory overreach and seek leniency for alleged wrongdoings.

這場法律戰的結果將對整個加密貨幣產業產生深遠影響。美國證券交易委員會對 Terraform Labs 的積極追捕發出了強烈信號，表明其打算打擊數位資產領域的欺詐和不當行為。然而，Terraform 的蔑視可能會鼓勵其他加密貨幣公司挑戰監管過度，並尋求對涉嫌不當行為的寬大處理。

Terraform's lawyers have until May 6 to submit their supplemental arguments, while the SEC has until May 1 to respond. The May 22 court appearance is expected to be a pivotal moment in the legal proceedings and could provide further insights into the future of cryptocurrency regulation.

Terraform 的律師必須在 5 月 6 日之前提交補充論點，而 SEC 必須在 5 月 1 日之前做出回應。 5 月 22 日的出庭預計將成為法律訴訟的關鍵時刻，並可能為加密貨幣監管的未來提供進一步的見解。