Breaking: Chapter 11 or Exit Scam? The Murky Future of TerraUSD and Luna After Bankruptcy
Terraform Labs, the once-prominent crypto exchange whose collapse in 2022 triggered the protracted crypto winter, has recently filed for Chapter 11 bankruptcy in the US court. According to a filing dated January 21, both the assets and liabilities of the company ranged from $100 million to $500 million. In May 2022, Terraform Labs saw a...