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Coin Edition 2024-07-19 19:50:00

Terraform Labs’ Chapter 11 Case: Key Developments and Implications for LUNA

Terraform Labs (TFL), the company behind the troubled Terra blockchain, has received court approval to reopen its Shuttle Bridge as part of its ongoing bankruptcy proceedings. This move allows users to redeem certain assets and marks a significant step in TFL’s restructuring efforts. Under the court order, TFL will reopen the Shuttle Bridge, enabling users The post Terraform Labs’ Chapter 11 Case: Key Developments and Implications for LUNA appeared first on Coin Edition .

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