The post Legal Showdown: Terraform and Do Kwon Argue for $1M Fines, Slam SEC’s $5.3 Billion Proposal appeared first on Coinpedia Fintech News The crypto law scenes are getting intense. The US SEC has slapped a whopping $5.3 billion penalty against Terraform Labs and its co-founder, Do Kwon, in disgorgement and civil penalties. However, Terraform’s legal team argues that this amount is excessive and suggests a maximum civil penalty of $1 million. They claim that seeking disgorgement from …