Terraform Labs filed for bankruptcy after being sued by the Securities and Exchange Commission and Singapore. The Singapore-based crypto company filed for Chapter 11 bankruptcy in Delaware on Sunday, according to court documents shared by The Hill. Terraform Labs claimed to have assets between $100 million and…
The failed stablecoin TerraUSD’s creator, Terraform Labs, has declared bankruptcy in response to legal actions in Singapore and the Securities and Exchange Commission ( SEC ). According to court documents shared with The Hill, the Singapore-based cryptocurrency company filed for Chapter 11 bankruptcy protection on Sunday in Delaware. According to Terraform Labs, its assets range from$ 100 millionto… The company behind the unsuccessful stablecoin TerraUSD, Terraform Labs, has declared bankruptcy as a result of legal action from the Securities and Exchange Commission ( SEC ) and Singapore. According to court documents shared with The Hill, the Singapore-based cryptocurrency company filed for Chapter 11 bankruptcy protection in Delaware on Sunday. Between$ 100 million and…, according to Terraform Labs,
Terraform Labs filed for bankruptcy after being sued by the Securities and Exchange Commission and Singapore. The Singapore-based crypto company filed for Chapter 11 bankruptcy in Delaware on Sunday, according to court documents shared by The Hill. Terraform Labs claimed to have assets between $100 million and…
