Terraform Labs Shocks Market by Moving Millions in Tokens Following Terra-LUNA Crisis
On Tuesday, Terraform Labs, co-founded by Do Kwon and Daniel Shin, transferred millions worth of Convex Finance (CVX) tokens to a different wallet. This relocation occurred around one year after the crisis of Terra-LUNA, which led to a $40 billion loss for investors and brought about more stringent regulations in the realm of digital currency. CVX Token Movement Terraform Labs, …
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