Terraform Labs files for bankruptcy amid legal challenges and crypto market turmoil

clock • 2 min read
Terraform Labs files for bankruptcy amid legal challenges and crypto market turmoil

CEO Amanai says bankruptcy filing is essential to pursue future crypto goals

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) an...

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