US Bankruptcy Judge Approves Terraform Labs Bankruptcy Plan, Expected to Pay $184.5 Million to $442.2 Million
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September 20, 2024
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U.S. Bankruptcy Judge Brendan Shannon approved Terraform Labs' bankruptcy plan, which includes a settlement with the SEC for $447 million. Terraform Labs estimates it will be able to pay between $184.5 million and $442.2 million to affected investors and other stakeholders during the liquidation process. (REUTERS)
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