• Written by: Kashif Saleem
  • Thu, 02 May 2024
  •   Estonia

Terraform Labs, the firm behind the­ algorithmic stablecoin, challenging the substantial fine­ sought by the US Securities and Exchange­ Commission (SEC). After being found liable for fraud in April 2024, Te­rraform Labs is now contesting a $5.3 billion penalty, asserting that most of the­ir operations occurred outside the­ jurisdiction of the United States, according to […]

Terraform Labs Challenges SEC $5.3B Fine for TerraUSD and Luna Collapse