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Crypto firm Terraform Labs files for Chapter 11 bankruptcy protection
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Crypto firm Terraform Labs files for Chapter 11 bankruptcy protection
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Terraform Labs Files for Bankruptcy
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Crypto firm Terraform Labs files for Chapter 11 bankruptcy protection
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Terraform Labs, the company behind failed stablecoin TerraUSD, has filed for bankruptcy as it faces lawsuits from the Securities and Exchange Commission (SEC) and in Singapore. The Singapore-based crypto firm filed for Chapter 11 bankruptcy protection Sunday in Delaware, according to court documents shared with The Hill. Terraform Labs claimed assets between $100 million and…