Terra
Credit Card Processing · South Korea · 11-50 Employees
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Overview
Headquarters
Seoul, Seoul, South KoreaWebsite
terra.moneyRevenue
$5.8 MillionIndustry
About Terra
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Multiple Rounds
$325M
Terra Tech Stack
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Terra News & Media
Terraform, Company Behind Luna and TerraUSD Stablecoin, Files For Bankruptcy
Terraform Labs has filed for bankruptcy in Deleware, and co-founder Do Kwon could soon be extradited to the United States.Terraform Labs Files for Bankruptcy - PYMNTS.com
Terraform Labs, which the SEC charged with violating registration and anti-fraud provisions last year, has filed for bankruptcy.Terraform Labs files for Chapter 11 bankruptcy
Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022. Terraform Labs confirmed that it had filed for Chapter 11 protection in the U.S. as “a strategic step that will enable it to continue its operations and support […] © 2023 TechCrunch. All rights reserved. For personal use only.TerraUSD Creator Do Kwon Sentenced to Four Months in Prison in Montenegro
Do Kwon, the creator of TerraUSD – LUNA, has been sentenced to four months in the slammer in Montenegro, according to multiple reports. Kwon’s attempt to create an algorithmic stablecoin TerraUSD has been cited as a huge catalyst in the crypto collapse of 2022. The... Read More
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Frequently Asked Questions Regarding Terra
Terraform Labs is in the process of winding down its operations as of September 30, 2024, following a Chapter 11 Plan of Liquidation. They are currently finalizing the details of the Crypto Loss Claims Process to assist clients in submitting claims related to losses. The company's claims portal is now live for users to submit their claims. Terrafor... Read More