Articles for tag: TERRA, Terraform Labs

Lipika Deka

Terraform Labs

Terraform Labs $40B Saga: From Glory to Ruin, & Finally, Closure

The curtain falls on Terraform Labs, the once-mighty crypto firm that is officially shutting down after its devastating $40 billion collapse. The company was behind the failed TerraUSD and Luna tokens in 2022 that rocked the crypto world. During a hearing in Wilmington, Delaware, U.S. Bankruptcy Judge Brendan Shannon described ... Read more