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How much will Terraform Labs return to creditors by the end of 2024?
3
Resolution / Starting Odds
Less than $200 million • 25%
$200 million to $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%
Official court documents and announcements
Story
Terraform Labs Secures Court Approval for Bankruptcy Wind-Down After $4.47 Billion SEC Settlement: Reuters
Sep 19, 2024, 07:29 PM
Terraform Labs has received court approval to wind down its operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement, valued at $4.47 billion, resolves accusations that the company defrauded cryptocurrency investors who lost approximately $40 billion when the TerraUSD and Luna tokens collapsed in 2022. The bankruptcy process, which was filed in January 2024, aims to return between $184.5 million and $1.2 billion to creditors. The approval was reported by Reuters and included a judge signoff.
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26-50% • 25%
51-75% • 25%
76-100% • 25%
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$10 billion to $12 billion • 25%
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$14 billion or more • 25%
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60-65% • 25%
65-70% • 25%
70-75% • 25%
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Less than $4 billion • 25%
$4 billion to $8 billion • 25%
$8 billion to $12 billion • 25%
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Less than $14.7 billion • 25%
$14.7 billion to $15 billion • 25%
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Less than $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
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$10 billion to $12 billion • 25%
$12 billion to $14 billion • 25%
More than $14 billion • 25%