BREAKING: Do Kwon's Terraform Labs has officially filed for Chapter 11 Bankruptcy, according to the court's website.

This is the company responsible for the fraudulent stablecoin TerraUSD and scam cryptocurrency Luna, which both went bust in May 2022. The U.S. SEC charged the company and its then-CEO Do Kwon with fraud in February 2023. The estimated liabilities of the company range from $100 million to $500 million. #TradeNTell #TrendingTopic #Write2Earn $LUNA $LUNC