We are entering an important week for Terra and Terra Classic.
▪️ TerraformLabs, Chapter 11 bankruptcy hearing will take place on Thursday, September 19th.
✍️ With the agreement signed between TFL and the SEC, TFL agreed to pay $4.5 billion in compensation and began the liquidation process.
The Chapter 11 bankruptcy hearing will also be important. TFL is now out of business. They will burn all of their coins, including #LUNC and #USTC , by October 30, 2024...
✔️ They have completed the burning of all of their #LUNA funds.
