Svmuu News: In a fraud case against Terraform Labs and its founder Do Kwon, the Singapore International Commercial Court awarded a total of more than $3 million in damages to 40 claimants affected by the TerraUSD (UST) collapse. The second phase of the case involved a total of 275 investors, with compensation amounts calculated based on factors such as the quantity of UST held by each claimant and the duration of their holdings. The court ruled that the defendants had engaged in fraudulent conduct in their relevant statements; this ruling marks the second batch of decisions in this class-action lawsuit.