It has been reported that Chris Amani, who has been within Terraform Labs since 2021, has been appointed as the CEO of the company.
Terraformco-founder of Labs Do Kwon is located in Montenegro. A new CEO has been appointed to Terraform Labs, as the company’s former CEO is facing possible extradition to South Korea or the United States. Chris Amani, who has been working at the company for months, started to take over as CEO. In addition, Kwon still remains the main shareholder of Terra.
One of the company’s long-established employees
Terra’s new CEO is US citizen Chris Amani. Amani has been working at Terra as chief operating officer and chief financial officer since 2021. Prior to that, he was CEO at planning solution provider Humanity. According to Amani’s LinkedIn account, she has been the CEO of Terra since recently.
Amani told reporters that the company does not plan to issue any stablecoins and will focus on other products. “We have a vision of how we can salvage this, although I think it will be difficult and take a long time.” said. The new CEO of Terraform Labs also expressed hope that Do Kwon will clear him of all charges, while Terra will continue to operate without him for now.
