Terraform Labs’ attempt to have Singapore class-action suit rejected fails

Terraform Labs’ attempt to have Singapore class-action suit rejected fails

Terraform Labs and its founder, Do Kwon, are facing a class-action lawsuit in Singapore after the High Court dismissed an attempt to have it thrown out. The lawsuit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million. The claimants…