May 10, 2025

Terraform Labs Implements Major Changes Amid Bitcoinist: LUNA Token Burning and Shuttle Bridge Shutdown

1 min read

The bankruptcy proceedings of Terraform Labs (TFL) have taken a significant turn with a recent court order permitting several crucial actions for the beleaguered crypto firm. Having been held accountable for defrauding investors and inflicting an estimated $40 billion in losses due to the collapse of its TerraUSD and LUNA tokens in 2022, TFL is

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Source: CoinOtag

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