Terraform Labs to sell 4 companies as part of wind-down

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

France Nouvelles Nouvelles

Bankrupt crypto firm Terraform Labs is looking to sell four crypto companies it owns as it winds down as part of a settlement with the SEC.

The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.

Bankrupt crypto firm Terraform Labs is looking to sell four of its businesses as part of a $4.5 billion deal with the United States securities regulator that sees it winding down operations.on July 9 that it is “actively exploring options” to sell its portfolio tracking platform Pulsar Finance, crypto wallet platform Station, the no-code decentralized autonomous organization , didn’t move on the news and is down 3% on the week to $0.37 — it is also down 98% since its May 2022 peak of $18.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 562. in FR

France Dernières Nouvelles, France Actualités