Terraform Labs, the company behind failed TerraUSD and Luna cryptocurrencies, agreed to pay nearly $4.5 billion to settle a lawsuit filed by the U.S. Securities and Exchange Commission.

Terraform Labs, the company behind Luna cryptocurrency and TerraUSD stablecoin, has filed for bankruptcy in Delaware. Luna and TerraUSD stablecoin both collapsed, precipitating a crypto market ...

Terraform Labs received court approval on Thursday to wind down its operations in bankruptcy after agreeing to settle a U.S. Securities and Exchange Commission lawsuit accusing the company of ...

The U.S. Securities & Exchange Commission has argued that Terraform Labs should not be allowed to hire law firm Dentons or pay litigation costs for employees during its bankruptcy, taking aim at a ...

Terraform Labs is shutting down following a $4.47 billion SEC settlement, transferring Terra’s control to the community and highlighting the impact on the crypto market.