In the Terra Classic crash case, the court issued an order directing Terra Form Labs (TFL) to burn the assets stored in its wallets. In compliance with this ruling, TFL burned 249.69 billion LUNC and 652.54 million USTC.
This court action resulted in a permanent reduction of these tokens from circulation. The burn was executed directly from wallets controlled by Terra Form Labs as part of the legal process surrounding the Terra Classic collapse.
