3AC’s $1.3 Billion Lawsuit to Upend Terraform Labs?

Three Arrows Capital has sued TerraForm Labs for $1.3 billion. The lawsuit alleges that TerraForm Labs manipulated the LUNA and TerraUSD prices, causing Three Arrows Capital to lose money. This legal action is another example of the aftermath of the Terra ecosystem crash in 2022. Three Arrows Capital Sues TerraForm Labs Over LUNA Losses Three Arrows […] source: https://www.thecoinrepublic.com/2024/08/13/3acs-1-3-billion-lawsuit-upend-terraform-labs/