US Court Grants Approval to Wind-Down Terraform Labs Operations in Bankruptcy 🏛️
The US Court has given approval to wind-down operations of Terraform Labs amidst bankruptcy proceedings.
The company anticipates settling with creditors and stakeholders for an amount ranging between $184.5 million and $442.2 million.
This decision marks a significant step in the ongoing legal and financial resolution for Terraform Labs as it navigates its bankruptcy process.
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