USTC

January 31, 2024

Terraform Labs says bankruptcy will aid appeal of SEC suit

Terraform Labs, the company behind the now-defunct stablecoin TerraClassicUSD (USTC), has filed for Chapter 11 bankruptcy, a strategic move aimed at bolstering its legal position against […]
September 25, 2023

Terra Classic community elects to cease USTC minting

The community strongly backs stopping TerraUSD Classic (USTC) minting and reminting in favor of burning tokens to restore its U.S. dollar peg.   The community of […]
March 14, 2023

FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The controversial founder of Terraform Labs, Do Kwon, is at the center of the investigation, despite being believed to be hiding out in Serbia.   It […]

Get $200 Free Bitcoins every hour! No Deposit No Credit Card required. Sign Up