According to Foresight News, Cointelegraph reported that the decentralized autonomous organization HectorDAO filed for bankruptcy protection in the United States. The documents show that HectorDAO's current financial situation is mainly caused by three factors: the collapse of the Terra ecosystem in 2022, the collapse of the Multichain protocol, and the hacking of the Hector vault. Interpath Advisory, a company engaged in bankruptcy management and restructuring, is still investigating whether former managers carried out internal attacks.
