Blockchair's logo

US Court Grants Approval to Wind-Down Terraform Labs Operations in Bankruptcy Cryptonews 20 Sep 2024

US Court Grants Approval to Wind-Down Terraform Labs Operations in Bankruptcy 🏛️

USA Terraform Labs

The US Court has given approval to wind-down operations of Terraform Labs amidst bankruptcy proceedings.

The company anticipates settling with creditors and stakeholders for an amount ranging between $184.5 million and $442.2 million.

This decision marks a significant step in the ongoing legal and financial resolution for Terraform Labs as it navigates its bankruptcy process.

Source: cryptonews.com ↗

Similar articles (15)

Terraform Labs Could Pay Up to $442 Million as Bankruptcy Judge Approves Wind Down Decrypt 20 Sep 2024
Terraform Labs Could Pay Up to $442 Million as Bankruptcy Judge Approves Wind Down
Court approves Terraform Labs winding down in bankruptcy hearing Cointelegraph 19 Sep 2024
Court approves Terraform Labs winding down in bankruptcy hearing
Terraform Labs’ Collapse: How Will Investors Be Affected? Fxcryptonews 20 Sep 2024
Terraform Labs’ Collapse: How Will Investors Be Affected?
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy Bitcoin.com 19 Sep 2024
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
BREAKING: End of an Era – Terraform Labs Approved For Bankruptcy After Settling With SEC Bitcoinsistemi 19 Sep 2024
BREAKING: End of an Era – Terraform Labs Approved For Bankruptcy After Settling With SEC
Terraform Labs Bankruptcy Plan Approved by Court Coincu 20 Sep 2024
Terraform Labs Bankruptcy Plan Approved by Court
Terraform Labs Ready for Bankruptcy Wind-down After SEC Settlement Blockonomi 20 Sep 2024
Terraform Labs Ready for Bankruptcy Wind-down After SEC Settlement
Terraform Labs Finally Down: What’s Next for Investors? Coinpedia 20 Sep 2024
Terraform Labs Finally Down: What’s Next for Investors?
Terraform Labs, Behind TerraUSD Collapse, Gets Bankruptcy Approval Coin Edition 20 Sep 2024
Terraform Labs, Behind TerraUSD Collapse, Gets Bankruptcy Approval
Terraform Labs receives bankruptcy nod: A turning point? Ambcrypto 20 Sep 2024
Terraform Labs receives bankruptcy nod: A turning point?
Terraform Labs Secures Court Approval for Bankruptcy End Amid TerraUSD Collapse Settlement Coinotag 20 Sep 2024
Terraform Labs Secures Court Approval for Bankruptcy End Amid TerraUSD Collapse Settlement
Terraform Labs Secures Approval for Bankruptcy Completion in Settlement with SEC Coinotag 19 Sep 2024
Terraform Labs Secures Approval for Bankruptcy Completion in Settlement with SEC
Terraform Labs Closes Operations After Court Approval, Terra Stakeholders to Receive Up to $442M Coinotag 19 Sep 2024
Terraform Labs Closes Operations After Court Approval, Terra Stakeholders to Receive Up to $442M
Terraform Labs to Cease Operations After Bankruptcy, Offers Payouts for Terra Stablecoin Collapse Coinotag 20 Sep 2024
Terraform Labs to Cease Operations After Bankruptcy, Offers Payouts for Terra Stablecoin Collapse
Terraform Labs’ Chapter 11 Bankruptcy Approved: Delving into the Collapse of TerraUSD (UST) Stablecoin Coinotag 20 Sep 2024
Terraform Labs’ Chapter 11 Bankruptcy Approved: Delving into the Collapse of TerraUSD (UST) Stablecoin

Trending topics

Digest

Daily Weekly
US Govt Cleared to Liquidate 69K BTC Worth $6.5B Seized from Silk Road: Report Cryptonews 9 hours ago
US Govt Cleared to Liquidate 69K BTC Worth $6.5B Seized from Silk Road: Report
Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce Coindesk 19 hours ago
Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce
Backpack Exchange and FTX clash over FTX EU ownership Cointelegraph 1 hour ago
Backpack Exchange and FTX clash over FTX EU ownership
Bitcoin Gives Up Gains Post New Year-Spiral, But $120K Bets Still Remain Hot Coindesk 1 hour ago
Bitcoin Gives Up Gains Post New Year-Spiral, But $120K Bets Still Remain Hot
Bitcoin pulls back as Fed’s December minutes signal slower rate cuts in 2025 The Block 2 hours ago
Bitcoin pulls back as Fed’s December minutes signal slower rate cuts in 2025 Explore daily digest
Bitcoin gurus see these BTC price levels hitting next as $100K holds Cointelegraph 2 days ago
Bitcoin gurus see these BTC price levels hitting next as $100K holds
XRP price chart 'bull flag' targets $15 amid increasing open interest Cointelegraph 3 days ago
XRP price chart 'bull flag' targets $15 amid increasing open interest
Post-XRP Price Explosion, These 3 Altcoins Are Tipped for 1000% Growth In Q1 TheNewsCrypto 4 hours ago
Post-XRP Price Explosion, These 3 Altcoins Are Tipped for 1000% Growth In Q1
Ethereum Price Prediction: ETH Predicted To Reach $10,000, What Does This Mean for ETH Based Token Yeti Ouro TheNewsCrypto 22 hours ago
Ethereum Price Prediction: ETH Predicted To Reach $10,000, What Does This Mean for ETH Based Token Yeti Ouro
Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce Coindesk 19 hours ago
Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce Explore weekly digest