# Terraform Labs Settles With SEC For $4.4 Billion - The Defiant

Source: https://thedefiant.io/news/regulation/terraform-labs-settles-with-sec-for-usd4-4-billion
Kiwi News: https://news.kiwistand.com/stories/Terraform-Labs-Settles-With-SEC-For-dollar44-Billion-The-Defiant?index=0x666a7ce07bb462a99cd7da0545efbc7220f8c958353c2e43eba303a367dbb7ba89abe03c
Submitted by zinkk.eth on 2024-06-13 UTC, 2 upvotes, 2 comments

## Comments

**rsquare.eth**: What does SEC generally do with all these monies? 

**tim**: Haha good question, maybe it‘s actually a really nice way for the government to generate revenue