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cryptocurrency@lemmy.ml · 2 months ago

Terraform Labs Cleared to Wind Down Amid $4.47 Billion SEC Settlement

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Terraform Labs Cleared to Wind Down Amid $4.47 Billion SEC Settlement

PG3001@lemmy.world to

cryptocurrency@lemmy.ml · 2 months ago

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On September 19, 2024, U.S. Bankruptcy Judge Brendan Shannon gave the green light to Terraform Labs' plan to wind down its operations.

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bluewater@slrpnk.net
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2 months ago
Wow, that’s a crazy amount of money! I can’t even imagine having to settle with the SEC for $4.47 billion. Hope this means some closure for everyone involved. Anyone else feel like this whole saga has been never-ending?

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