Terra Classic

TerraClassicUSD

Terraform Labs, founded by Do Kwon, has once more accused market maker Citadel Securities of being involved in an alleged deliberate attempt to cause the depegging of its stablecoin in 2022.Join CryptosHeadline&#39;s Official Telegram <a href="https://t.me/CryptosHeadlines" rel="noopener noreferrer nofollow">Community Channel</a><h3 id="strong-legal-action-to-obtain-documents-from-citadel-securities-strong">Legal Action to Obtain Documents from Citadel Securities</h3>Terraform Labs initiated a legal move on October 10, filing a motion in the U.S. District Court for the Southern District of Florida. Their aim is to compel Citadel Securities LLC to produce <a href="https://cryptosheadlines.com/sec-denied-request-to-seal-documents-related-to-hinmans-ether-speech-judge-rules-in-ripple-case/" rel="noopener noreferrer nofollow">documents related</a> to their trading activities during May 2022. This timeframe is noteworthy because it aligns with the depegging of Terraform Labs’ stablecoin, now known as TerraUSD Classic (USTC). <a href="https://cryptosheadlines.com/terraform-labs-accuses-citadel-securities-of-stablecoin-collapse/" rel="noopener noreferrer nofollow">Read More...</a>

Terraform Labs Accuses Citadel Securities of Stablecoin Collapse

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