As a professional translator, please find below the translated news article:
The U.S. Securities and Exchange Commission (SEC) is seeking a $5.3 billion fine against Terraform Labs and Do Kwon, according to a New York judge, to settle a civil fraud case against them. The regulatory agency stated that these fines are a “conservative” but “reasonable” estimate of the “ill-gotten gains” Terraform and Kwon obtained from the fraud.
In addition to the hefty fines, the SEC is also seeking injunctions to prevent Kwon and Terraform Labs from further engaging in securities violations, buying or selling “any cryptocurrency securities,” and imposing executive and directorship bans on Kwon, which would prohibit him from serving as a senior officer or director at any publicly traded company reporting to the SEC.
The SEC stated that such measures are necessary to prevent future violations because “the defendants have shown no remorse for their actions and undoubtedly pose a risk for not only potential but also ongoing violations.”
Do Kwon remains in Montenegro, where he was arrested and imprisoned last year for attempting to use forged Costa Rican travel documents while en route to Dubai.