Crypto Company Terraform Labs Files for Chapter 11 Bankruptcy Protection

Collapsed crypto company Terraform Labs has filed for Chapter 11 bankruptcy in the United States. The firm submitted a voluntary petition to the U.S. Bankruptcy Court for the District of Delaware. The document, which was filed on Sunday, indicates Terraform Labs has between 100-199 creditors, owns between $100,000,001-$500 million in estimated assets, and owes between The post Crypto Company Terraform Labs Files for Chapter 11 Bankruptcy Protection appeared first on The Daily Hodl .