Singapore-based terraform labs faces bankruptcy
Edited By WION Video Desk
Published: Jan 23, 2024, 05:55 IST | Updated: Jan 23, 2024, 05:55 IST
Terraform labs, the company behind the once-stable terra usd, has filed for chapter 11 bankruptcy. The collapse of terra usd in 2022 sent ripples through the crypto markets, causing a $40 billion fallout.
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