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Terraform Labs files for Chapter 11 bankruptcy

Terraform Labs files for Chapter 11 bankruptcy

Image credits: Rafael Henrique/SOPA Images/LightRocket/Getty Images Based in Singapore Terraform Laboratories (TFL)the company behind the digital assets TerraUSD (UST) and Luna, Filed for Chapter 11 bankruptcy in Delaware After the collapse of its cryptocurrencies in 2022. Terraform Labs, which confirmed…