Terraform Labs CEO Announces Company Shutdown Amid SEC Fine

🟡 Chris Amani announced that TFL is ending its activities.

🟡 Company products,

including Pulsar Finance,

Station crypto wallet and

DAO Business Manager

The protocol will be sold.

🟡In the near future, the entire balance of LUNA tokens will be burned.

🟡 This comes after the company agreed to settle the case with the SEC, paying a $4.47 billion fine.

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