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Terraform in causa: the liquidators of the crypto hedge fund 3AC ask for $1.3 billion
08:20am, Tuesday, 13'th Aug 2024
The company allegedly manipulated the market of Luna and TerraUSD tokens.
Three Arrows Targets $1.3 Billion Recovery from TerraForm Over 2022 Luna Crash
07:58am, Tuesday, 13'th Aug 2024
TL;DR Three Arrows Capital Sues TerraForm Labs: Liquidators of the failed hedge fund are seeking $1.3 billion in damages, claiming the 2022 LUNA crash caused substantial losses. Investment Wiped Out:
Three Arrows Capital Liquidators File $1.3 Billion Claim Against Terraform Labs
06:57am, Tuesday, 13'th Aug 2024
TerraForm sought to "manipulate the open market for LUNA and UST in a manner that artificially inflated the price for the assets," it claims.
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