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Ronald Maguire

18 May 2022 154 Read Crypto , Altcoins

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Terraform Labs' Legal Team Collectively Resigns

Terraform Labs' internal legal team resigned shortly after the collapse of the algorithmic stablecoin UST hurt the cryptocurrency market. Terraform Labs' legal proceedings are currently handled by outside lawyers. The venture's chief counsel, Marc Goldich, litigation attorney Noah Axler, and corporate counsel Lawrence Florio have resigned from their roles at the firm.

Every Day Is Tough For Terraform Labs

According to the company spokesperson, every day is tougher for Terraform Labs and every day more team members resign.

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