๐ฃ The latest legal developments for the digital asset
$LUNA and the beginning of the era of liberation and development
๐ข Today marks a historical turning point in the course of the digital asset LUNA, and here are the key legal details for TFL (Terraform Labs):
1. Final liquidation and dissolution of the entity (January 16, 2026): According to the bankruptcy court decisions in "Delaware" and the settlement agreement with the U.S. Securities and Exchange Commission (SEC), today is the official date on which TFL ceases to exist as a legal entity.
๐ธ Loss of control: As of today, the company loses any administrative authority or ability to make decisions regarding the high-risk digital assets it holds.
๐ธ Official closure: The company is removed from commercial records, and it will no longer possess "legal personality" that allows it to trade these assets on official platforms.
2. Wind Down Trust: The assets have officially transferred to the "Asset Liquidation Trust" under independent judicial supervision.
Restrictions: Any movement of these assets is restricted solely for the purposes of compensating the affected parties and requires prior judicial approval.
๐กPreventing manipulation: Any illegal access attempt to the wallets by former employees is considered a federal crime, and there is strict oversight on any actions that violate the decision.
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