this post was submitted on 17 Jun 2024
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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
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[โ€“] cwood@awful.systems 13 points 5 months ago (1 children)

Now is that number total in actual money or in fake internet money?

[โ€“] 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