🛑 Terraform Labs Liquidation Begins 🛑
The long-awaited liquidation of Terraform Labs has begun after court approval, following the collapse of the TerraUSD stablecoin. Binance is closely watching this development, as it could set a precedent for future crypto liquidations. The liquidation comes as part of the aftermath of one of the most dramatic crashes in crypto history, which impacted the market heavily in 2022.