Terraform Labs Authorized To Restart Shuttle Service And Burn 125 Million LUNA Tokens

In a significant development in Terraform Labs’ (TFL) ongoing bankruptcy proceedings, a recent court order has authorized several key actions for the troubled crypto company. Terraform Labs, which was found liable for defrauding investors and causing losses of approximately $40 billion with the collapse of its TerraUSD and LUNA tokens in 2022, aims to address

Source: Bitcoinist