$LUNC $USTC $LUNA A Battle Won the defense of #TerraLabs is bearing fruit
On July 11, 2025, the Singapore International Commercial Court (SICC) issued a court order regarding Terraform Labs Pte. Ltd. (TFL).
Summary of the text⚠️
The court order states that the request of several individuals to join as plaintiffs in a lawsuit against TFL (known as OA 3) was made in violation of a previous order (ORC 13). As a result, that request was dismissed.
Additionally, the court ruled that no one can join or participate in the lawsuit against TFL without first obtaining special permission that exempts them from a stay ordered in a prior case.
Key actions💎🗽
* A request was denied: The petition of a group to join the lawsuit against TFL was dismissed.
* A restriction was imposed: From now on, anyone wishing to join the lawsuit against TFL must apply for and obtain special permission from the court.
* TFL may act: Terraform Labs Pte. Ltd. and other affected parties may request additional orders from the court if necessary.
so stay tuned good things are coming 🐦🔥💎🗽🗽