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Terraform Labs may close products, services in bankruptcy wind-down
Terraform Labs will shut down a number of products and services on Oct. 30 if no third parties step up to take them over, the company warned on X on Sept. 25. The selloff is part of Terraform’s ...
Computing1y
Terraform Labs files for bankruptcy amid legal challenges and crypto market turmoil
Terraform Labs, the company behind unsuccessful stablecoin TerraUSD, has recently filed for bankruptcy as it grapples with legal challenges from both the Securities and Exchange Commission (SEC ...
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South Korea requests Interpol’s help in Terraform Labs probe
The collapse of Terraform Lab’s digital currencies, TerraUSD and Luna, affected an estimated 280,000 South Korean investors while causing broader turmoil in the global cryptocurrency market ...