Crypto-failure Terraform Labs to cough $4.5 billion and then liquidate itself (www.theregister.com)

submitted 2 months ago by Alphane_Moon@lemmy.world to c/buttcoin@awful.systems

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[-] cwood@awful.systems 13 points 2 months ago

Now is that number total in actual money or in fake internet money?

[-] dgerard@awful.systems 13 points 2 months ago

actual dollarydoos

so the way the SEC is doing this is that it's a general creditor in the bankruptcy, after the main creditors

and most of the money would be meant to go to those creditors anyway

this post was submitted on 17 Jun 2024

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