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

submitted 5 months ago by Alphane_Moon@lemmy.world to c/buttcoin@awful.systems

3 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] dgerard@awful.systems 13 points 5 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

29 points (100.0% liked)

Buttcoin

381 readers

6 users here now

Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

founded 11 months ago

MODERATORS

dgerard@awful.systems