According to the official statement from TFL, we knew that the hearing for the Chapter 11 bankruptcy application would take place on September 19.
➖The news that it was postponed was confusing. We could not find an explanation or source that it was postponed.
▪️The final plans will now be discussed at this hearing. The control of the liquidation transactions that have been made and will be made and TFL's bankruptcy liquidation plan will be revealed.
TFL will burn the funds #LUNC and #USTC until October 31, 2024. TFL will eliminate all grievances.
➖If these transactions are not completed by October 31, 2024, they will have to pay $4.5 billion in compensation...
