The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses.
HectorDAO files for Chapter 15 bankruptcy in the US
![HectorDAO files for Chapter 15 bankruptcy in the US HectorDAO files for Chapter 15 bankruptcy in the US](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvYmQ5Mzk0MzctYjJkYS00OTA1LWJkOTctMGMwOWFiY2U2N2YwLmpwZw==.jpg)
The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses.