Terraform Labs informed users that the court may order the firm to cease some operations in light of the SEC’s request to restrict the firm’s activity. TFL will restrict access to some products and services for US-based users.
price is down 2.25% since Monday. Blockchain company Terraform Labs said Thursday that it will restrict access to some of its products and services for US-based users as it expects to receive a court order soon in light of its legal battle against the US Securities and Exchange Commission . Terraform Labs to restrict access for US-based users Terraform Labs is making changes to its operation, according to a recent announcement in a tweet on X.
April 25, 2024 The withdrawn from these positions will be held in a multisig wallet during the bankruptcy proceedings. is exchanging hands at $0.6345 at the time of writing, down 2.25% this week.