Terraform Labs CEO Chris Amani says the company’s Chapter 11 bankruptcy filing is critical to a successful appeal against the lawsuit filed by the US Securities and Exchange Commission
Terraform Labs CEO Chris Amani declared in a court filing that the company is not built to currently generate profits, amid citing previous crypto collapses…
TerraClassicUSD (USTC) traded 5.3% lower against the U.S. dollar during the one day period ending at 9:00 AM ET on January 31st. In the last week, TerraClassicUSD has traded up 4.7% against the U.S. dollar. TerraClassicUSD has a total market capitalization of $221.39 million and approximately $11.42 million worth of TerraClassicUSD was traded on exchanges […]
Terraform Labs, the brains behind the Terra blockchain network, opted for bankruptcy protection as a strategic move against any “potential money judgment”…