Chapter 11 Bankruptcy

Do Kwon’s Terraform Labs, the company behind the now-defunct stablecoin TerraUSD (UST), has filed for bankruptcy protection in the United States. This is even as the company stays as the out-of-circulation stablecoin – TerraUSD (UST) issuer. On January 21, the firm filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the […]