Terraform Labs 在 SEC 53 亿美元欺诈索赔中寻求 100 万美元罚款

Terraform Labs 的律师认为 SEC 提议的 53 亿美元罚款过高，应减少至 100 万美元。他们认为 Luna Foundation Guard (LFG)，而不是 Terraform Labs，应该承担非法所得费用，因为 LFG 出售了产生资金的代币。律师们还声称，SEC 未能将 LFG 列为被告，因此禁止 Terraform Labs 交出 LFG 资金的命令在法律上是不被允许的。

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

SEC 提议对 Terraform Labs 欺诈案处以 53 亿美元罚款，辩方反驳要求 100 万美元

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 与美国证券交易委员会 (SEC) 之间正在进行的法律斗争取得了重大进展，代表 Terraform Labs 的律师已对 SEC 拟议的 53 亿美元罚款做出回应，主张大幅减少 100 万美元的罚款。

SEC's Allegations and Proposed Penalty

SEC 的指控和拟议处罚

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.

美国证券交易委员会指控 Terraform Labs 及其联合创始人 Do Kwon 通过出售算法稳定币 TerraUSD (UST) 及其相关的 LUNA 代币来欺骗投资者。美国证券交易委员会声称，Terraform Labs 和 Kwon 在 UST 的稳定性及其维持 1 美元挂钩的能力方面误导了投资者。

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.

美国证券交易委员会 (SEC) 提议处以 47 亿美元的非法所得罚款和预判利息，以及 5.2 亿美元的民事罚款。这些处罚实际上将使 Terraform Labs 破产并削弱其继续运营的能力。

Defense's Counterarguments

辩方的反驳

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.

在回应 SEC 拟议的处罚时，Terraform Labs 的律师提出了多项论据来支持他们提出的 100 万美元罚款请求。

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，他们认为 SEC 没有提供足够的证据来支持其欺诈指控。他们认为 SEC 的指控是基于选择性和不完整的信息，而 Terraform Labs 和 Kwon 的行为是善意的。

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，辩护律师辩称，SEC 未能证明 Terraform Labs 和 Kwon 从出售 LUNA 代币中获得了任何收益。他们声称，非营利组织 LUNA Foundation Guard (LFG) 负责 LUNA 代币的销售，而 Terraform Labs 没有收到任何筹集的资金。

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，辩方认为 SEC 提议的处罚过重且与所指控的不当行为不相称。他们认为，100 万美元的罚款足以阻止未来的不当行为，而不会给 Terraform Labs 或其投资者带来过度负担。

The Terraform Labs and Do Kwon Case

Terraform 实验室和 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.

美国证券交易委员会对 Terraform Labs 和 Do Kwon 的诉讼是加密货币行业历史上最重要的执法行动之一。该案件引发了有关算法稳定币监管以及加密市场欺诈可能性的重要问题。

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.

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.

Implications for the Cryptocurrency Industry

对加密货币行业的影响

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 案件的结果将对加密货币行业产生重大影响。严厉的处罚将发出强烈的信息，表明美国证券交易委员会致力于让加密货币公司对欺诈活动负责。然而，宽松的处罚可能会鼓励其他加密货币公司从事类似的不当行为。

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.

目前案件正在审理中，SEC是否会接受辩方减轻处罚的请求还有待观察。该案的最终结果可能会影响加密货币监管的未来以及该行业以透明和负责任的方式运营的能力。