Deep TechFlow News, June 29, according to Bloomberg, the Singapore International Commercial Court ruled that Terraform Labs and its founder Do Kwon committed fraud in a case related to the 2022 TerraUSD stablecoin collapse, and awarded more than $3 million in compensation to 40 claimants. The ruling is part of the second phase of a case involving 275 investor claimants, with the compensation amount calculated based on the number of UST held by the claimants and the duration of their holdings.

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