Singapore-based Terraform Labs, the firm behind the stablecoin TerraUSD, has officially filed for Chapter 11 bankruptcy in the United States, according to reports from Reuters. This move comes in the aftermath of the tumultuous events in 2022, where the collapse of TerraUSD sent shockwaves through the cryptocurrency markets. Court documents submitted on Sunday to the … Continue reading Terraform Labs Files Chapter 11 Bankruptcy Following TerraUSD Collapse