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Terraform Labs Has Just $75 Million In Assets, How Will It Pay the SEC $4.75 Billion?

Terraform Labs Has Just $75 Million In Assets, How Will It Pay the SEC $4.75 Billion? WikiBit 2024-06-13 18:00

In a major announcement on Wednesday, Terraform Labs stated that they would be paying nearly $4.5 bi

In a major announcement on Wednesday, Terraform Labs stated that they would be paying nearly $4.5 billion in order to settle the SEC lawsuit. However, many in the crypto community have started raising doubts about how the bankrupt Terraform Labs with only $75 million in assets under management plan to pay such a massive amount in fines.

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