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Violation Tracker Individual Record

Company: Terraform Labs PTE, Ltd.
Penalty: $4,473,828,306
Year: 2024
Date: June 13, 2024
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: Terraform Labs PTE, Ltd. agreed to pay more than $4 billion following a unanimous jury verdict holding it liable for orchestrating a years-long fraud involving crypto asset securities that led to massive investor losses when the scheme unraveled.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.