Sunday March 03, 2024

Terraform Labs files for Chapter 11 bankruptcy 
  Posted by: TechCrunch on Jan 22nd, 2024 6:49 AM

Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022.  Terraform Labs confirmed that it had filed for Chapter 11 protection in the U.S. as “a strategic step that will enable it to continue its operations and support […]

© 2023 TechCrunch. All rights reserved. For personal use only.

See Original Article At TechCrunch

View More Headlines