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Law-Now 16 Jan 2024 · Singapore

Singapore High Court denies stay on crypto class action against blockchain developer Terraform

1 min read
In Julian Moreno Beltran, Douglas Gan Yi Dong v Terraform Labs Pte Ltd and others [2023] SGHC 340 (the “Terraform Case”), a case involving the collapsed TerraUSD (“UST”) stablecoin, the Singapore High Court (Hri Kumar Nair J) declined to grant a stay in...

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