Court approves Terraform Labs winding down in bankruptcy hearing
After collapsing in 2022, facing an SEC lawsuit in 2023, and filing for bankruptcy in 2024, many of Terraform’s legal cases in the US are beginning to wind down.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
After collapsing in 2022, facing an SEC lawsuit in 2023, and filing for bankruptcy in 2024, many of Terraform’s legal cases in the US are beginning to wind down.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase Legal Chief Paul Grewal Steps Down
Paul Grewal, the Coinbase chief legal officer who steered the exchange through its landmark courtroom fight with the US Securities...
AscendEX shuts down after MiCA miss and warns some withdrawals may not be processed
AscendEX shut down on July 1, leaving some customers unsure whether they will recover their funds. The exchange said in a July 6 n...
Coinbase Chief Legal Officer Paul Grewal to Step Down
Coinbase Global's Chief Legal Officer and Secretary, Paul Grewal, notified the company on July 8 that he plans to step down, effec...
Ripple Remedies Fight Gets Another SEC Filing As Final Penalty Debate Drags On
Ripple Remedies Fight Gets Another SEC Filing as Final Penalty Debate Drags On is the kind of crypto story that looks simple at he...
Ex-SWIFT CIO Tom Zschach Shuts Down XRP Partnership Claims in Two Words
Tom Zschach, who spent six years as SWIFT’s Chief Innovation Officer before recently leaving the company, pushed back against fres...
Kalshi’s court loss shows federal approval may still leave prediction markets fenced off by states
A New York federal court has returned prediction-market access to state hands just weeks before the CFTC closes comments on nation...