Mark Zuckerberg's digital representation in Horizon Worlds has formally filed for bankruptcy following a string of disastrously leveraged property investments. The filing in a virtual Delaware court aims to shield the avatar's remaining assets from aggressive digital creditors.
According to court documents, the legless, cartoonish entity listed between $10 million and $50 million in unsecured virtual liabilities. The debts primarily stem from a failed attempt to develop a mixed-use commercial district near the Neo-Topeka spawn point, an area that never materialized into the promised digital tech hub. The avatar currently owes substantial sums in Robux, V-Bucks, and Horizon credits to a syndicate of decentralized lenders.
The virtual real estate market in Neo-Topeka plummeted late last quarter after an unpatched software glitch allowed feral non-player characters to continuously duplicate themselves inside high-end digital condominiums. Unable to attract human tenants to the glitch-ridden properties, the avatar defaulted on several high-interest smart contracts and was subsequently locked out of its own digital penthouse.
The Chapter 11 filing gives the avatar breathing room to restructure its obligations without facing immediate deletion. Under the proposed plan, it will retain its core torso but must auction off its premium digital hoodies to satisfy creditors.
During an initial creditors meeting held via VR headset Tuesday morning, the proceedings were briefly delayed by server lag. The avatar reportedly sat motionless with a blank, unblinking smile as a court-appointed digital trustee formally repossessed its virtual sunglasses.