Terraform Labs has requested a court order requiring Citadel to provide it with data relating to its recent depegging from the UST.The move comes in an effort to shed light on the details of the transaction.
The U.S. Securities and Exchange Commission and South Korean financial agencies have joined forces against Terraform Labs, an alleged company involved in an ongoing securities fraud scandal. The collaborative efforts signal a new era of international collaboration to protect investors – no matter where they are – from illegal practices.