Recorded event
Jury finds civil liability for fraud
A US jury found Terraform Labs liable for securities fraud.
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This was a civil verdict. It should not be described as a criminal conviction.
All timelines From the beginning
The Terra civil case
The legal branch of the Terra story: allegations, a verdict, a response, and a settlement.
Reviewed 9/21/2026
US civil proceedings through June 2024, not a criminal conviction or a record of completed investor repayments.
Dates without a time use the local date of the event.
Recorded event
SEC announces a civil settlement
The SEC announced an agreement totaling more than $4.5 billion involving Terraform and its founder.
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An agreement to pay does not establish that investors have already received the money.
Through 6/13/2024
US civil proceedings through June 2024, not a criminal conviction or a record of completed investor repayments.
Explore this branchTerra: from collapse to civil verdict