Terraform Labs cleared for wind-down amid bankruptcy by US Court

On Sept. 19, Terraform Labs, the company behind the Terra blockchain protocol, gained court approval to wind down its operations as part of its bankruptcy proceedings. During a pivotal hearing on Thursday, U.S. Bankruptcy Judge Brendan Shannon approved the firm’s…

Sep 20, 2024 - 05:00
Terraform Labs cleared for wind-down amid bankruptcy by US Court
On Sept. 19, Terraform Labs, the company behind the Terra blockchain protocol, gained court approval to wind down its operations as part of its bankruptcy proceedings. During a pivotal hearing on Thursday, U.S. Bankruptcy Judge Brendan Shannon approved the firm’s…

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