🚨⚖️ MASSIVE UPDATE FOR THE $LUNC COMMUNITY! ⚖️🚨

A U.S. bankruptcy court has officially approved a major settlement between Terraform Labs and failed crypto hedge fund Three Arrows Capital over a massive $1.3 BILLION claim linked to the 2022 Terra/LUNA collapse 💥📉

🌍 3AC — the Singapore-based crypto hedge fund founded by Su Zhu and Kyle Davies — collapsed into liquidation in June 2022 after losing billions during the Terra/LUNA disaster 🚨💸

⚖️ Judge Brendan L. Shannon in Delaware has now ruled on how 3AC’s claim will be handled in the Terraform Labs bankruptcy case 🏛️📑

🔥 BIG DECISION: The court decided that 3AC’s losses will be classified as a “Crypto Loss Claim” 🪙📉

Instead of being treated as ordinary unsecured debt ❌💵

This means the losses are officially recognized as part of the Terra ecosystem collapse 💥🌕

👀 The crypto world is watching closely as the Terra saga continues to unfold…

#LUNC #TerraLunaClassic #CryptoNews #LUNA #3AC #TerraformLabs #CryptoCrash #Blockchain 🚀🔥