Do Kwon's Terraform Labs files for Chapter 11 bankruptcy protection – Cointelegraph

Do Kwon's Terraform Labs, the developer of the now-defunct stablecoin TerraUSD (UST), has filed for bankruptcy protection in the United States. The company filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware, with estimated debts and assets between $100 million and $500 million, according to a January 21 […]