🚨 $LUNC Update

A U.S. bankruptcy court has approved a settlement between Terraform Labs and Three Arrows Capital over a massive $1.3B claim tied to the 2022 Terra/LUNA collapse.

The court ruled that 3AC’s losses will be treated as a “Crypto Loss Claim” instead of regular unsecured debt marking another major chapter in the Terra fallout. ⚖️📉

The legacy of the Terra crash still shapes crypto today… and the $LUNC community keeps watching closely. 👀