Someone is in serious trouble... https://ambcrypto.com/us-sec-files-fraud-lawsuit-against-terraform-labs-and-do-kwon/
About time! But since Terra is registered in Singapore, I ain't sure if SEC can even subpoena the dude. And I'm pretty sure he's somewhere deep in Russia or China by now, far away from both USA and South Korea (who's also looking to roast his ass).