SEC Must File $123M Terra Recovery Plan by Aug. 20
Procedural, but the distribution framework is the first real map for getting money back to Terra retail investors, and how it dovetails with the Terraform bankruptcy track is the open question.
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Procedural, but the distribution framework is the first real map for getting money back to Terra retail investors, and how it dovetails with the Terraform bankruptcy track is the open question.
The Jump ruling lets Terraform pull in external evidence to fight the SEC's collapse narrative. The barred creditors show the bankruptcy estate is closing ranks around an earlier settlement track.
The $189.7M loss from channeling user funds into Anchor's 19.5% yield was the original wound; the criminal charges now turn misleading statements about that exposure into a 20-years-per-count prison…
Singapore authorities have charged the former CEO of Hodlnaut, the now-defunct crypto lending platform, over allegedly…