Crypto News LIVE Updates: Terraform Labs (TFL) files for Chapter 11 bankruptcy protection in Delaware. The debtor reports assets between $100-$500 million and liabilities of $100-$500 million. The petition declares that funds will be made available to unsecured creditors. CEO Chris Amani stated that bankruptcy filing will help the company come out of the legal and The post Crypto News LIVE Updates: Bitcoin Price Pullback To $41K, Terraform Labs Files For Bankruptcy appeared first on CoinGape .