_Important Update on Terra's Bankruptcy Hearing_

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Terraform Labs (TFL) has a big bankruptcy hearing on September 19th at 10:00 AM ET. This could be a crucial moment for LUNA and LUNC tokens.

_Here's what's happening:_

- Terra plans to burn (permanently remove) a large number of LUNA tokens from their wallets.

- The Shuttle bridge will reopen, allowing wrapped assets to be redeemed for 30 days before unclaimed tokens are burned forever.

- LUNA's price has already increased by 2% since the announcement, with trading volume up 17%.

_What's next?_

- The burn could potentially increase the value of LUNA and LUNC tokens.

- Investors need to act fast to withdraw and stake their tokens.

- Today is the deadline to file a claim form to have a say in this process.

_Get ready for a potentially wild few weeks in the Terra ecosystem!_#MtGoxRepayments #PowellAtJacksonHole #CryptoMarketMoves $BTC $SOL $USDC