Approximately 56% of the SEC's $8.2 billion in fiscal-year 2024 financial remedies came from the monetary judgment against Terraform Labs and Do Kwon following the SEC's jury-trial victory.
Notes on verification
Directly confirmed by SEC's own press release language, corroborated by multiple independent financial/legal news outlets reporting the same figures. [tier=silver indep_score=0.833 clusters=3 claim_tier=notable]
Sources
- SEC Announces Enforcement Results for Fiscal Year 2024 (seed:economics_and_business)
- https://decrypt.co/293544/sec-rakes-in-8-2b-in-penalties-for-2024-over-half-tied-to-terraform-labs (corroboration)
- https://www.financemagnates.com/cryptocurrency/sec-collected-record-82b-in-remedies-in-2024-56-came-from-terraform-labs/ (corroboration)
- https://clsbluesky.law.columbia.edu/?p=62880 (corroboration)