Sonny
2.8K posts














As per the recent United States District Court ruling in the SEC vs Terraform Labs Pte Ltd & Do Kwon case, the court has ordered all TFL and LFG owned assets to be transferred to the Terra Bankruptcy Estate. The entire list of TFL and LFG owned wallets can be found here: sec.gov/files/terrafor… While it’s unclear if TFL and LFG assets will be burned, the order clearly states that: - The representatives of the bankruptcy estate aren’t authorised to dispose any Terraform assets (USTC, LUNC, MIR, LUNA, ANC, KRTC, wLUNA), thereby alleviating any fears of these Terraform assets entering circulation in the market - TFL would have to destroy the private keys to these wallets In lieu of this, the assets in the aforementioned wallets can be considered as effectively frozen and out of circulation. As per the guidelines of reporting circulating supply set forth by Coinmarketcap, we shall be working along with @Raider7019 to exclude any major TFL wallets from circulating supply calculations to provide a more accurate picture of $LUNC and $USTC circulating supply.

















