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Terraform Labs Pte. Files for Chapter 11 Bankruptcy in Delaware

Jan. 22, 2024, 1:51 AM UTC
Janine Phakdeetham
Janine Phakdeetham
Bloomberg News

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

To contact the reporter on this story:
Janine Phakdeetham in Bangkok at jphakdeetham@bloomberg.net

To contact the editors responsible for this story:
Michael Sin at msin12@bloomberg.net

Zoe Ma

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