Terraform Collapse Fallout: SEC Settlement Sets Precedent for Crypto Regulation
7 months ago
Hamza Malik
Take a look at the story of Terraform Labs, the creators of the TerraUSD and Luna cryptocurrencies. This article explains why they collapsed, the regulatory actions that followed, and the $4.5 billion settlement with the SEC.
Discover the full story behind the rise and fall of Terraform Labs in this article. Learn how the TerraUSD stablecoin and Luna cryptocurrency collapsed, the regulatory actions that followed, and the $4.5 billion settlement with the SEC involving Terraform Labs and its co-founder Do Kwon. This case study is a warning for the crypto industry, showing why we need better regulations.