November 22, 2024

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Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy

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Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
Terraform Labs Gets Court Approval to Wind Down Operations in BankruptcyTerraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem collapsed. Court Approves Terraform Labs Wind-Down Terraform Labs has been granted […]