Golden Finance reported that the decentralized autonomous organization HectorDAO has applied for Chapter 15 bankruptcy protection in the United States. The reason is the collapse of the Terra ecosystem in 2022, multiple market crashes, and financial losses caused by hacker attacks. According to documents, HectorDAO suffered a loss of $16.4 million and experienced a $2.7 million hacker attack in 2023. This led to the appointment of Interpath Advisory as an expert in bankruptcy management and restructuring to investigate the possibility of former management personnel internally implementing hacker attacks. The Chapter 15 bankruptcy application allows HectorDAO to handle legal affairs involving international investors in the US court system.
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HectorDAO mengajukan perlindungan kebangkrutan Bab 15 karena menderita kerugian puluhan juta dolar
Golden Finance reported that the decentralized autonomous organization HectorDAO has applied for Chapter 15 bankruptcy protection in the United States. The reason is the collapse of the Terra ecosystem in 2022, multiple market crashes, and financial losses caused by hacker attacks. According to documents, HectorDAO suffered a loss of $16.4 million and experienced a $2.7 million hacker attack in 2023. This led to the appointment of Interpath Advisory as an expert in bankruptcy management and restructuring to investigate the possibility of former management personnel internally implementing hacker attacks. The Chapter 15 bankruptcy application allows HectorDAO to handle legal affairs involving international investors in the US court system.