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Terraform Labs Restricts US Access, Withdraws $23 Million Liquidity Following SEC Ruling

  • Terraform Labs announced measures to comply with regulatory requirements in response to the SEC ruling.
  • Starting April 28, U.S. users will be barred from accessing certain products and features.
  • Withdrawal of $23.8 million liquidity from positions on various platforms required due to the injunction.
  • Terraform Labs faces legal challenges and continues to operate amidst the legal proceedings.

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