Terraform Labs: Applying for bankruptcy is a strategic move,

Indra55

On January 22nd, Terraform Labs posted on social media, stating that filing for Chapter 11 bankruptcy in the 11th district is a strategic move, allowing them to continue operations and support the Terra community and ecosystem. TFL plans to fulfill all financial obligations to employees and suppliers during the Chapter 11 case without requiring additional financing. The current plan includes further expansion of their Web3 products, completing the acquisition of Pulsar Finance, launching the cross-chain wallet Station v3, and implementing upgrades for the Enterprise Protocol cross-chain staking.

Iti9

The products launched are also quite good.

Shri333

It's good to read more news.