Terraform Labs seeks access to FTX wallets in fraud defense

by Aurelia Butler 20 July 2023, 19:40 99 Views

In a search for evidence that could back its defense from fraud charges, Terraform’s lawyers filed a motion on July 19 in FTX’s bankruptcy case to access the company’s information about digital wallets used by short sellers between March 2022 and May 2022. Terraform claims its stablecoin failure was a result of a coordinated attack from short sellers, possibly involving Alameda Research, FTX’s sister company.

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Source: Cryptocurrency - investing.com

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Terraform Labs seeks access to FTX wallets in fraud defense

June home sales drop to the slowest pace in 14 years as short supply chokes the market

Victims want Morgan Stanley to answer for ex-financial advisor’s Ponzi scheme

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