Terra Collapse Victims Could Reach One Million, Says U.S. Prosecutors

Terra Collapse Victims Could Reach One Million, Says U.S. Prosecutors WEB3by Soumen DattaJanuary 7, 2025U.S. prosecutors have launched legal proceedings against Terraform Labs co-founder Do Kwon, who faces nine felony fraud charges. The collapse of Terraform Labs’ Terra ecosystem has left a massive trail of financial devastation, with U.S. prosecutors estimating that the number of victims could surpass one million. Acting U.S. Attorney Daniel Gitner outlined the impact in court… 

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