Cryptocurrency Collapse

An illustration of a sinking ship with a massive hole in it, surrounded by waves labeled 'Losses' ($40 billion) and debris marked '$4.47 billion settlement'. In the background, a figure (Do Kwon) is shown running away from the wreckage while holding a briefcase.

Terraform Labs Gets Court Approval to Shut Down, Because Who Needs Actual Value When You Can Just Make Up $40 Billion and Watch It All Go Poof?

Just when you thought it was safe to go back in crypto-land... Terraform Labs, the creators of that lovely $40 billion crater known as Luna Classic […]

Doug Martinez September 24, 2024

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