Terraform Labs, the firm behind Terra Classic (LUNC), has made a significant announcement regarding their Chapter 11 bankruptcy cases. The General Bar Date for filing claims has been set for August 9, 2024, at 5:00 p.m. ET. This deadline is crucial for creditors who have claims against TFL that arose before January 21, 2024, or against TLL that arose before July 1, 2024.
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