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Terraform Labs Finally Down: What’s Next for Investors?

Terraform Labs Finally Down: What’s Next for Investors?


coinpedia
2024-09-20 05:32:56

The post Terraform Labs Finally Down: What’s Next for Investors? appeared first on Coinpedia Fintech News Terraform Labs is officially shutting down as its bankruptcy plan has been accepted. The SEC has accused the company of fraudulent activities that caused its investors to lose $40 billion when the TerraUSD and Luna tokens collapsed in 2022. After a long legal battle, the court has accepted its plan for bankruptcy. The firm has …


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