HomeBlockchainDid you know? The court once ordered Terra Form Labs (TFL) to...

Did you know? The court once ordered Terra Form Labs (TFL) to burn tokens from its own wallets during the Terra Classic crash case

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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.

Adit 39
Adit 39https://www.adit39studio.com/
The world shall know PAIN

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