Terraform Labs (TFL) Faces Turbulence: Files for Bankruptcy, LUNA & LUNC Prices Plummet 5%
Terraform Labs, co-founded by Do Kwon, files for Chapter 11 bankruptcy amidst a turbulent period, with LUNA and LUNC prices dropping by 5%. Despite facing legal challenges and a significant market value loss, the company continues to expand in the Web3 space. Referring to recently public documents, Terraform Labs, a Singapore-based company co-founded by Do […