Terraform Labs, the crypto firm responsible for the implosion of TerraLuna and TerraUSD has reached a $4.47 billion settlement with US Securities and Exchange Commission (SEC). The fine is about its algorithmic stablecoin which crashed drastically in 2022. Also read: Terraform Labs challenges SEC over unjust $5.3 billion penalty According to the settlement, Terraform Labs
![Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge](https://resources.cryptocompare.com/news/77/30938244.jpeg "Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge")
