Terraform Labs’ Chapter 11 Bankruptcy Approved: Delving into the Collapse of TerraUSD (UST) Stablecoin
Terraform Labs’ Chapter 11 Bankruptcy Approved: Delving into the Collapse of TerraUSD (UST) Stablecoin
CoinOtag 2024-09-20 13:01:56
Terraform Labs, a once-prominent stablecoin firm, has secured approval for its Chapter 11 bankruptcy application from a Delaware court. Judge Brendan Shannon described the Chapter 11 filing as a “welcome