Terraform Labs temporary CEO: Development projects are hindered by frequent accusations and financial issues. The new project aims to revive Luna and will not issue new tokens.
2023-07-23 03:01
Odaily News reports that Chris Amani, the interim CEO of Terraform Labs, has stated that the company has nine projects in the development stage that do not have the support of the Luna treasury. These projects face difficulties in competing with other L1 protocols and have been hindered by frequent allegations. Amani also mentioned that these projects will not release new tokens and will instead focus on facilitating the recovery of Luna. (Cointelegraph)
According to previous reports, Terraform Labs has appointed former COO and CFO Chris Amani as the interim CEO. The company aims to demonstrate that its operations continue as usual despite the incarceration of former CEO Do Kwon in Montenegro prison.
According to previous reports, Terraform Labs has appointed former COO and CFO Chris Amani as the interim CEO. The company aims to demonstrate that its operations continue as usual despite the incarceration of former CEO Do Kwon in Montenegro prison.
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