TERA News
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Sep / 21- Terraform Labs Officially Receives Green Light From U.S. Bankruptcy Court to Commence Winding Down of Operations
- Sep 21, 2024 at 07:00 am
- This pivotal ruling follows the company's recent settlement with the U.S. Securities and Exchange Commission (SEC) over allegations of fraud tied to the catastrophic collapse of its TerraUSD stablecoin and LUNA token, which collectively erased $40 billion in value in 2022.
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Communtity feeds
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- Twitter source
- Mario Nawfal’s Roundtable Feb 24, 2025 at 12:44 pm
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- Twitter source
- Lookonchain Feb 24, 2025 at 12:40 pm
It seems that the stablecoin bank was hacked and 49.5M $USDC was stolen. The hacker swapped 49.5M $USDC for 49.5M $DAI and bought 17,696 $ETH. The 17,696 $ETH was transferred to a new wallet "0xfcc8…6e49". A newly created wallet spent 49.5M $DAI to buy 17,696 $ETH at $2,798 in the past hour. https://debank.com/profile/0x3ac96134fb0e42a52d33045aee50b89790f05ed0… -
- Twitter source
- Nebraskangooner Feb 24, 2025 at 12:03 pm
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- Twitter source
- Lookonchain Feb 24, 2025 at 11:44 am
A newly created wallet spent 49.5M $DAI to buy 17,696 $ETH at $2,798 in the past hour. https://debank.com/profile/0x3ac96134fb0e42a52d33045aee50b89790f05ed0… -
- Twitter source
- MartyParty Feb 24, 2025 at 11:12 am
There was no hack. Its all narritive to hide the biggest corruption in CEX history involving all major exchanges and their leverage positions on $ETH. - ronin quietly flipped to permissionless deployment last week. now seeing 580k daily active addresses and 20k+ $RON weekly revenue. that's what happens when you remove the gatekeepers
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- Twitter source
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