Terraform 拒绝 SEC 的 5.3B 美元罚款，并在具有里程碑意义的加密货币案件中提出 100 万美元的报价

Terraform Labs 与 SEC 之间的法律斗争仍在继续，Terraform 对拟议的 53 亿美元罚款提出异议。该公司的律师主张判处 100 万美元的较轻处罚，并声称 SEC 的欺诈指控是不合理的。然而，美国证券交易委员会坚持认为，巨额罚款对于阻止加密行业未来的不当行为是必要的。

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

Terraform Labs 拒绝 SEC 巨额 53 亿美元罚款，并以微薄提案反驳

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.

纽约，2023 年 4 月 X 日 – Terraform Labs 及其创始人 Do Kwon 对美国证券交易委员会 (SEC) 史无前例的 53 亿美元罚款提出激烈异议，称其“不合理”，并提议改为微不足道的 100 万美元罚款。

SEC's Allegations and Proposed Fine

SEC 的指控和拟议罚款

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.

在陪审团裁定 Terraform Labs 和 Kwon 对欺诈投资者负有责任后，美国证券交易委员会 (SEC) 宣布打算对该公司及其创始人处以 53 亿美元巨额罚款。拟议的罚款是有史以来针对加密货币实体征收的最大一笔罚款，其中包括约 47 亿美元的非法所得和预判利息，以及对 Kwon 和 Terraform 分别罚款 1 亿美元和 4.2 亿美元的民事罚款。

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."

美国证券交易委员会的诉讼称，Terraform Labs 和 Kwon 误导投资者有关 TerraUSD (UST) 的信息，违反了证券法。TerraUSD (UST) 是一种稳定币，于 2022 年 5 月灾难性崩溃。该诉讼进一步指控被告从未注册的代币销售中获利丰厚，在“不义之财”。

Terraform's Contention and Proposal

Terraform 的争论和建议

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 的法律团队强烈拒绝了拟议的罚款，认为对于任何涉嫌的不当行为来说，这“严重过度且不成比例”。该团队认为，权的行为在美国没有产生实质性影响，主要是在韩国和新加坡进行的。

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 的律师提议仅处以 100 万美元的民事罚款，且不提供禁令救济或没收非法所得。他们认为，拟议的罚款会给 Terraform 带来难以克服的财务负担，并扼杀区块链行业的创新。

Upcoming Court Hearing

即将举行的法庭听证会

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 日举行法庭听证会，讨论陪审团裁决后提出的补救措施。听证会将为双方提供关于适当处罚级别的进一步证据和论点的机会。

Implications for the Crypto Industry

对加密行业的影响

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.

这场法律战的结果将对整个加密货币行业产生深远影响。美国证券交易委员会对 Terraform Labs 的积极追捕发出了强烈信号，表明其打算打击数字资产领域的欺诈和不当行为。然而，Terraform 的蔑视可能会鼓励其他加密货币公司挑战监管过度，并寻求对涉嫌不当行为的宽大处理。

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 的律师必须在 5 月 6 日之前提交补充论据，而 SEC 必须在 5 月 1 日之前做出回应。 5 月 22 日的出庭预计将成为法律诉讼的关键时刻，并可能为加密货币监管的未来提供进一步的见解。