Terraform Labs Pte. Files for Chapter 11 Bankruptcy in Delaware

Terraform Labs Pte. files for Chapter 11 bankruptcy protection in Delaware, according to a court filing.

• Estimated liabilities: $100m-$500m
• Estimated assets: $100m-$500m
• NOTE: Terra’s Do Kwon Says US Extradition Possible by Mid-March
  • Terraform Crypto Assets Judged to be Securities in SEC Suit

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Zoe Ma

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