Amid a turbulent legal landscape, Terra (LUNA) sees a significant 42% surge, reaching $1.181, grabbing the cryptocurrency community’s attention. However, this surge coincides with a fierce legal battle between Terraform Labs, the company behind Terra, and the U.S. Securities and Exchange Commission (SEC). Terraform Labs finds itself in bankruptcy proceedings, facing objections from the SEC The post Terra LUNA Surges 42% Amid TFL Insolvency Proceedings appeared first on CoinGape .