Terraform Labs has an interim CEO
Former Terraform Labs (TFL) COO Chris Amani will take over as acting CEO. About it says in a press release.
“This appointment follows the decision of TFL founder Do Kwon to step down as CEO on March 31, 2023 and as director on May 27, 2023,” the post reads.
Amani has over 20 years of leadership experience at global technology companies (Humanity, MongoDB, Electronic Arts and Zynga). According to the release, he is “ready to accelerate TFL’s mission at a turning point in the company’s history.”
“It’s been a tough year for Terra since the UST depeg, but the TFL community and team have shown incredible resilience. […] The mission of the TFL is to complete the recovery of Terra with them,” said Amani.
The process won’t be easy, he says, but the project has a “clear idea of where Terra fits in the broader Web3 ecosystem.”
In September 2022, South Korea issued an arrest warrant for Do Kwon and five other employees of the organization on charges including violations of capital markets laws.
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