Record sog_issuer_terraform_labs

Terraform Labs

Terraform Labs developed the Terra ecosystem and the UST stablecoin that collapsed in May 2022.

Category
Company or corporate group
Regulatory character
Not recorded in canonical data
Jurisdiction
Unknown or not publicly resolvedUnknown or not publicly resolved
Connected assets
1
Relationships
0 current1 historical
Evidence
4 source records

Identity and taxonomy

Overview

Public classification, legal-form state, jurisdiction, roles, confidence, and review state remain explicit.
Organization categoryCompany or corporate group
Canonical organization typeCompany
Legal formNot recorded in canonical data
Legal-form stateNot Recorded
Regulatory characterNot recorded in canonical data
JurisdictionUnknown or not publicly resolved
Jurisdiction scopeUnknown or not publicly resolved
Functional rolesProtocol operator
Relationship statesEnded relationship
Primary display relationships1
Official websitehttps://www.terra.money/
Record confidenceMedium
Last reviewed2026-06-01
Category
Company or corporate group
Regulatory character
Not recorded in canonical data
Jurisdiction
Unknown or not publicly resolved
Jurisdiction scope
Unknown or not publicly resolved
Functional roles
Protocol operator
Record confidence
Medium

Connected assets

Relationships

Current, ended, and unknown relationships remain separate. Primary display is navigation only.
StablecoinSymbolFunctional roleDisplayFromUntilStateLifecycle
TerraUSDUSTProtocol operatorPrimary display2020-09-012022-05-12Ended relationship

TerraUSD

Primary display
Role
Protocol operator
State
Ended relationship
From
2020-09-01
Until
2022-05-12

Material history

Events

Typed events and organization control actions remain linked to evidence.
DateEventCategorySubtypeStatus effect
2023-02-16SEC charges Terraform Labs and Do KwonRegulatory actionRegulatory ActionCollapsed or failed
2022-05-12Terra blockchain halted during the UST collapseSecurity and chain incidentChain Halt ContextCollapsed or failed
2022-05-09TerraUSD collapseFailure and collapseCollapseCollapsed or failed
2022-05-09Luna Foundation Guard deploys reserves during the UST collapseReserve changeReserve Intervention ContextCollapsed or failed

Provenance

Evidence

Source identity, publication date, reliability, archive state, and relation count remain separate.
4 source identities · 7 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
Terra documentation and ecosystem reference
Published Not yet recorded
TerraData or market reference
Canonical: Database Reference
Data or market aggregatorSecondary sourceEntityNo archive recordedMedium
SEC charges Terraform Labs and Do Kwon with fraud
Published 2023-02-16
U.S. SECRegulatory or court record
Canonical: Regulatory Source
Government, regulator, or legal sourcePrimary sourceRegulatory Context, Post Collapse Regulatory ContextDirect archived snapshotHigh
Anatomy of a Stablecoin's failure: the Terra-Luna case
Published 2022-07-28
arXivResearch or security report
Canonical: Research Paper
Independent third-party sourceSecondary sourceCollapse AnalysisNo archive recordedMedium
Emergency Management and Recovery of Luna Classic
Published 2022-07-04
arXivResearch or security report
Canonical: Research Paper
Independent third-party sourceSecondary sourcePost Collapse LifecycleNo archive recordedMedium

Uncertainty

Known unknowns

Reviewed gaps remain visible instead of being converted into false certainty.

collapse_timeline

UST collapse timeline, exact sequence of liquidity, exchange, chain-halt, relaunch, and market-price events still needs source-specific sequencing before detailed timeline display.

Severity
High
Last checked
2026-06-04

PR-024C strengthened failure framing and source separation, but canonical timeline and price source are not yet selected.

reserve_intervention

Luna Foundation Guard reserve deployment, BTC reserve flow, and post-collapse audit details need exact direct-source handling before reserve intervention claims are displayed as final facts.

Severity
High
Last checked
2026-06-04

PR-024C added a low-confidence reserve-intervention context entry. Keep this separate from UST's algorithmic design and failed status until a direct audit or official source is selected.

post_collapse_lifecycle

USTC / TerraClassicUSD post-collapse trading, community activity, chain state, and lifecycle status need to remain separated from the failed UST stablecoin status.

Severity
Medium
Last checked
2026-06-04

PR-024C explicitly keeps post-collapse USTC market trading separate from recovered peg or restored stablecoin status.

Maintenance

Corrections and further reading

Report a record problem or inspect methodology and machine-readable data.