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Economy6 events

Terra: from collapse to civil verdict

A stablecoin loses its peg. A regulator files a case. Follow the distinct steps from market failure to the US civil settlement.

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Reviewed 9/21/2026

Selected milestones through June 2024. Later criminal and bankruptcy proceedings are outside this timeline.

Dates without a time use the local date of the event.

Interpretation

A settlement is a different milestone from repayment

Threadline editorial context

The announcement describes a wind-down and bankruptcy distribution process.

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We distinguish the legal agreement from later implementation because they answer different questions.

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Read the evidence behind this timeline.

Source descriptions are written by Threadline

From the beginning

Through 6/13/2024

Selected milestones through June 2024. Later criminal and bankruptcy proceedings are outside this timeline.

Explore this branchThe Terra civil case