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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.

Attributed claim

SEC alleges securities fraud

US Securities and Exchange Commission

The SEC filed a civil complaint alleging fraud involving Terraform crypto assets.

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An allegation starts a case; it is not itself a court finding.

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Attributed claim

Terraform disputes the verdict

Terraform Labs, reported by Axios

A company spokesperson said the verdict was not supported by the evidence.

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This records the company response, not a reversal of the jury verdict.

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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