On Tuesday, Seoul decided to block Terraform Lab's current and past employees from exiting the country, effectively confining them to the Asian country where they might await prosecution.

Terraform Labs will shut down a number of products and services on Oct. 30 if no third parties step up to take them over, the company warned on X on Sept. 25. The selloff is part of Terraform’s ...

Terraform Labs warns of an Oct. 30 shutdown for several products and services if no third parties come forward. The company's wind-down follows a $4.47 billion SEC settlement.