Judge Approves Terraform Labs Bankruptcy Plan in the US
- Judge Brendan Shannon has approved Terraform Labs' bankruptcy plan, filed in January.
- The company reported debts and assets of between $100 million and $500 million.
- The bankruptcy plan was considered a "welcome alternative" to further litigation.
- Terraform has offered to pay between $185 million and $442 million, but exact losses cannot be estimated.
- Founder Do Kwon is awaiting extradition while in custody in Montenegro. 🚨 $BTC $SOL $BNB #btc #BTC☀ #BTC☀️ #BTC🔥🔥🔥🔥🔥 #BTC🔥🔥🔥🔥🔥 👇👇👇
