However, Terraform and Kwon had opposing views on how the penalties could be imposed. The crypto firm suggested a maximum civil penalty of $3.5 million, which was strongly opposed by Kwon, who argued for a much lower amount of $800,000. Along with the financial judgment, the SEC also recommended disqualifying Kwon from being an officer or director of a security issuer and ensuring full disclosure of banking accounts and assets. The SEC also wants to impose a "conduct-based injunction" on Terraform to avoid any repetition of this misconduct later.