Terraform Labs Announces Important Update on Crypto Loss Claims Voting Process
Monday, 22 July 2024, 21:04
Overview of the Update
Terraform Labs has set August 21, 2024 as the cutoff date for stakeholders to file their Preliminary Crypto Loss Claims. This is a crucial aspect of their Chapter 11 Plan, aimed at addressing the financial fallout from the company’s previous challenges.
Importance of Filing Claims
All affected stakeholders must submit their claims by the deadline to ensure participation in the voting process which will determine the future actions taken by the company.
Key Points to Note
- Deadline: August 21, 2024
- Purpose: Voting on Chapter 11 Plan
- Who Can File: Affected stakeholders
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