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.

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, 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 and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday.

On March 31, Terraform Labs will open its crypto loss claims portal for those who suffered more than $100 in losses due to the collapse of the Terra ecosystem.

After eight months in court, Judge Brendan Shannon of the US Bankruptcy Court for the District of Delaware approved Terraform Labs’ bankruptcy plan.