News list for " chapter case"

Terra to Reopen Shuttle Bridge and Destroy 150 million LUNAs Under Bankruptcy Court Authorization

On July 19, Terra announced that the bankruptcy court order in the TFL Chapter 11 case authorized TFL to do the following: 1. Reopen ShuttleBridge to redeem the encapsulated assets on Terra Classic; 2. Cancel the commission and destroy the 150 million LUNA received from the Terra community grant. According to the court order, TFL plans to transfer all assets held in the ShuttleBridge wallet to the new wallet and provide a new, simplified ShuttleBridge interface that allows users to transfer fund...

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2024-07-19 19:42:31