3AC liquidators file lawsuit against Terraform Labs seeking $1.3 billion in damages

Assad Jafri

Three Arrows Capital (3AC) liquidators have filed a lawsuit against Terraform Labs, seeking $1.3 billion in damages for TerraLUNA’s collapse. The legal action, filed on Aug. 12, claims that Terraform Labs manipulated the prices of its tokens, LUNA and TerraUSD, leading to catastrophic losses for 3AC. Three Arrows Capital, once a prominent player in the […]

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3AC liquidators file lawsuit against Terraform Labs seeking $1.3 billion in damages