Terraform Labs 和 Do Kwon 被判承担民事欺诈责任

纽约南区陪审团裁定 Terraform Labs 和 Do Kwon 承担民事欺诈责任，裁定他们误导投资者且行为鲁莽。 SEC 执法总监强调了数字资产行业合规的必要性，并强调了不合规的后果。 Terraform Labs 虽然表示失望，但正在考虑其选择和后续步骤，而 Kwon 仍留在黑山等待判决。

Jury Finds Terraform Labs and Do Kwon Liable for Civil Fraud

陪审团裁定 Terraform Labs 和 Do Kwon 应对民事欺诈负责

New York, April 7, 2023 - In a landmark verdict, a jury in the United States Southern District of New York has found Terraform Labs and its co-founder, Do Kwon, liable for civil fraud. The jury concluded that the defendants deliberately misled investors, disregarded due diligence, and breached their fiduciary responsibilities.

纽约，2023 年 4 月 7 日 - 美国纽约南区陪审团做出了一项具有里程碑意义的裁决，裁定 Terraform Labs 及其联合创始人 Do Kwon 应对民事欺诈负责。陪审团的结论是，被告故意误导投资者，无视尽职调查，并违反了信托责任。

SEC Alleges Deception and Recklessness

SEC 指控欺诈和鲁莽行为

The Securities and Exchange Commission (SEC) initiated the lawsuit against Terraform Labs and Kwon, alleging that they made false and misleading statements about the stability of TerraUSD (UST), an algorithmic stablecoin that was pegged to the US dollar. Furthermore, the SEC asserted that the defendants failed to disclose material risks associated with UST and operated without proper compliance and registration.

美国证券交易委员会 (SEC) 对 Terraform Labs 和 Kwon 提起诉讼，指控他们对与美元挂钩的算法稳定币 TerraUSD (UST) 的稳定性做出虚假和误导性陈述。此外，SEC 声称被告未能披露与 UST 相关的重大风险，并且在没有适当合规和注册的情况下进行运营。

Gurbir Grewal, Director of the SEC's Division of Enforcement, emphasized the severity of the verdict, stating, "Terraform Labs and Kwon, its former CEO, deceived investors about the stability of the crypto asset security and so-called algorithmic stablecoin Terra USD." Grewal stressed the consequences of noncompliance in the digital asset industry, highlighting the need for increased adherence to regulations.

美国证券交易委员会执法部门主管 Gurbir Grewal 强调了判决的严重性，他表示：“Terraform Labs 及其前首席执行官 Kwon 在加密资产安全和所谓的算法稳定币 Terra USD 的稳定性方面欺骗了投资者。” Grewal 强调了数字资产行业不合规的后果，强调了加强遵守法规的必要性。

Collapse of Terra Ecosystem

Terra生态系统的崩溃

In May 2022, the Terra ecosystem, which included LUNA and UST, experienced a catastrophic collapse. UST lost its $1 peg, triggering a downward spiral in the prices of both tokens. The ensuing panic and mass withdrawals resulted in a loss of approximately $40 billion for investors.

2022 年 5 月，包括 LUNA 和 UST 在内的 Terra 生态系统经历了灾难性崩溃。 UST 失去了 1 美元的挂钩，引发了两种代币价格的螺旋式下跌。随之而来的恐慌和大规模撤资导致投资者损失约 400 亿美元。

Jury's Unanimous Decision

陪审团一致决定

Following extensive deliberations that commenced last Friday, the jury reached a unanimous decision against Kwon. The verdict represents a significant victory for the SEC and sends a strong message to the burgeoning cryptocurrency industry.

经过上周五开始的广泛审议后，陪审团一致做出了不利于权的决定。该判决代表了 SEC 的重大胜利，并向蓬勃发展的加密货币行业发出了强烈的信息。

Terraform Labs Expresses Disappointment

Terraform 实验室表示失望

A spokesperson for Terraform Labs expressed disappointment with the verdict, claiming that it lacked evidentiary support. The company indicated that it will carefully consider its options and potential next steps.

Terraform Labs 的发言人对判决表示失望，声称该判决缺乏证据支持。该公司表示将仔细考虑其选择和潜在的后续步骤。

Kwon Remains in Montenegro

权仍留在黑山

Despite being released from jail in Montenegro, Kwon remains in the country due to an outstanding warrant for his arrest in South Korea. He will await sentencing in Montenegro, where he was initially detained in March 2023.

尽管权已从黑山监狱获释，但由于韩国尚未发出逮捕令，他仍留在该国。他将在黑山等待判决，他于 2023 年 3 月最初被拘留在那里。

SEC's Continued Cryptocurrency Investigations

SEC 继续对加密货币进行调查

The SEC's pursuit of Terraform Labs and Kwon underscores its ongoing efforts to regulate the cryptocurrency market. The agency has recently intensified its scrutiny of digital asset exchanges, lending platforms, and other industry players, seeking to protect investors from fraud and manipulation.

美国证券交易委员会对 Terraform Labs 和 Kwon 的追捕凸显了其监管加密货币市场的持续努力。该机构最近加强了对数字资产交易所、借贷平台和其他行业参与者的审查，以保护投资者免受欺诈和操纵。