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cryptonews 2023-07-21 09:48:00

Terraform Labs Seeks Data from FTX Wallets for SEC Lawsuit Defense

Terraform Labs, the development firm behind Terra network and the failed stablecoin TerraUSD (USTC), is seeking permission from a court to get access to data from the bankrupt crypto exchange FTX. According to Terraform Labs, the failure of its UST stablecoin was the result of an attack by large short sellers, which the firm claimed included FTX boss Sam Bankman-Fried’s trading firm Alameda Research.... Read More: Terraform Labs Seeks Data from FTX Wallets for SEC Lawsuit Defense

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