Cryptocurrency Firm Terraform Labs Files For Bankruptcy In US | Brunei s No 1 News Website brudirect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brudirect.com Daily Mail and Mail on Sunday newspapers.
Terraform Labs, the parent company of the defunct stablecoin TerraUSD, has submitted a petition for Chapter 11 bankruptcy protection in the United States.
Singapore-based crypto blockchain company Terraform Labs has filed for bankruptcy in the US following the collapse of its cryptocurrencies in 2022.The company's digital assets TerraUSD (UST) and Luna had collapsed and wiped out at least $40 .
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