Terraform Labs 和 Do Kwon 审判得出结论：陪审团将权衡民事欺诈指控

美国证券交易委员会 (SEC) 针对 Terraform Labs 和 Do Kwon 的民事欺诈审判已接近尾声。美国证券交易委员会指控 Terraform 和 Kwon 通过误导性陈述和人为抬高其稳定币 TerraUSD 的价格来欺骗投资者。辩方坚称这些指控毫无根据且来源不可靠。权在黑山被捕，目前被软禁，并缺席审判。审判结束时，陪审团将听取结案陈词并决定结果。

Terraform Labs and Do Kwon Trial Concludes: Jury to Deliberate on Alleged Civil Fraud

Terraform Labs 和 Do Kwon 审判得出结论：陪审团将审议涉嫌民事欺诈

In a trial that has captivated the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) is set to deliver its closing arguments against Terraform Labs and its founder, Do Kwon, accused of orchestrating a massive civil fraud scheme that defrauded investors of billions of dollars.

在一场吸引加密货币行业关注的审判中，美国证券交易委员会 (SEC) 将针对 Terraform Labs 及其创始人 Do Kwon 发表结案陈词，指控其策划了大规模民事欺诈计划，诈骗了投资者数十亿美元。美元。

The SEC's case hinges on allegations that Terraform, under Kwon's leadership, knowingly misled investors about the stability and value of its TerraUSD (UST) stablecoin, which was pegged to the value of the US dollar. According to the SEC, Terraform and Kwon used deceptive tactics to artificially inflate the price of UST, ultimately leading to its collapse and the subsequent demise of its sister token, Luna.

SEC 的案件取决于指控，Terraform 在 Kwon 的领导下故意误导投资者了解其与美元价值挂钩的 TerraUSD (UST) 稳定币的稳定性和价值。据 SEC 称，Terraform 和 Kwon 使用欺骗手段人为抬高 UST 的价格，最终导致其崩溃以及随后其姐妹代币 Luna 的消亡。

The SEC claims that Terraform made false claims about the integration of its blockchain technology into a popular Korean mobile payment app, Chai, to bolster the credibility of UST. The agency also alleges that Terraform engaged in "wash trading" to artificially inflate the price of UST and mislead investors about its true value.

美国证券交易委员会声称，Terraform 就将其区块链技术集成到流行的韩国移动支付应用程序 Chai 中做出了虚假声明，以增强 UST 的可信度。该机构还指控 Terraform 从事“清洗交易”，人为抬高 UST 的价格并误导投资者了解其真实价值。

Terraform and Kwon's defense team has vehemently denied the allegations, arguing that the SEC's case is based on misinterpretations, unreliable witnesses, and false accusations. The defense maintains that Terraform acted in good faith and that the collapse of UST was an unforeseen event resulting from market volatility.

Terraform 和 Kwon 的辩护团队强烈否认这些指控，认为 SEC 的案件是基于误解、证人不可靠和虚假指控。辩方坚称 Terraform 的行为是善意的，UST 的崩溃是市场波动导致的不可预见事件。

Kwon, who was arrested in Montenegro in 2023 on charges related to the collapse of Terra, has been absent from the trial due to house arrest and travel restrictions. Both the U.S. and South Korea have sought his extradition, but Montenegro has yet to make a final decision.

权于 2023 年在黑山因与 Terra 倒塌有关的指控而被捕，由于软禁和旅行限制，他一直缺席审判。美国和韩国都寻求引渡他，但黑山尚未做出最终决定。

The trial has shed light on the complexities of the cryptocurrency industry and the challenges regulators face in overseeing a rapidly evolving landscape. The jury's verdict will have significant implications for the future of crypto regulation and the accountability of industry executives.

该试验揭示了加密货币行业的复杂性以及监管机构在监管快速发展的环境时面临的挑战。陪审团的裁决将对加密货币监管的未来和行业高管的责任产生重大影响。

As the trial concludes, the attorneys for both sides will present their closing arguments, laying out their final case before the jury. The jury will then deliberate and decide whether Terraform and Kwon are liable for the alleged fraud.

审判结束时，双方律师将提出结案陈词，向陪审团陈述他们的最终案件。随后，陪审团将审议并决定 Terraform 和 Kwon 是否应对涉嫌欺诈行为承担责任。

The collapse of UST and Luna in May 2022 sent shockwaves through the cryptocurrency market, leading to significant losses for investors and bankruptcies for several companies. The SEC's case highlights the need for robust regulation and investor protection in the growing digital asset ecosystem.

2022 年 5 月，UST 和 Luna 的崩盘给加密货币市场带来了冲击，导致投资者遭受重大损失，多家公司破产。美国证券交易委员会的案例凸显了在不断发展的数字资产生态系统中强有力的监管和投资者保护的必要性。

The outcome of the trial is expected to have far-reaching consequences for the cryptocurrency industry and serve as a warning against fraudulent and deceptive practices. The jury's decision will determine whether Terraform and Kwon will be held accountable for their alleged actions and whether the SEC's efforts to protect investors from cryptocurrency-related fraud will be successful.

该审判的结果预计将对加密货币行业产生深远的影响，并对欺诈和欺骗行为发出警告。陪审团的决定将决定 Terraform 和 Kwon 是否应对其涉嫌的行为负责，以及 SEC 保护投资者免受加密货币相关欺诈的努力是否会成功。