TFL's Chapter 11 Bankruptcy Plan has been approved and TFL's liquidation will be within the framework of this plan.
Shuttle burns have been made. For this, the bridge closure deadline was October 31, 2024.
➖The bridge was closed and funds #LUNC and #USTC were burned by TFL on November 4, 2024.
🔅 The liquidation plan approval deadline was October 31, 2024 and this was approved. TFL's funds were stated there. We also saw and shared that Terra Classic funds were shown separately.
➖ At this point, there may not be a binding date for TFL's wallet burns. TFL is proceeding in full compliance with the court.
All of TFL's funds will be burned. Late or early burns will not change this outcome. I understand your impatience. We are even more impatient...
Finally, there are the Luna Foundation funds. What will happen to this? There is a strong possibility that it will be burned, but there is no certainty.
We are not very familiar with the US Legal system. There is a lot of paperwork. The process is completely through the courts. We see filings every day.
There is not much time left. You will see the answers to all your questions soon.