Crypto-failure Terraform Labs to cough $4.5 billion and then liquidate itselfSimon Sharwoodon June 17, 2024 at 03:32 The Register

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South Korean outfit that sparked ‘Crypto Winter’ will melt away after SEC order

Terraform Labs, the outfit behind the $40 billion crash of the TerraUSD stablecoin and its sibling Luna (LUNA) tokens, will pay $4.5 billion to creditors and authorities, then wind itself up.…

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