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%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines