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Terraform Labs says bankruptcy will aid appeal of SEC suit cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.
Terraform Labs, the blockchain firm behind the TerraUSD (UST), said Tuesday that its Chapter 11 bankruptcy filing would also help keep the Terra network s operations rolling. ....
Terraform Labs CEO Chris Amani says the company’s Chapter 11 bankruptcy filing is critical to a successful appeal against the lawsuit filed by the US Securities and Exchange Commission ....
Terraform Labs has said that its Chapter 11 bankruptcy protection filing would enable the pursuit of an appeal against the US Securities and Exchange… ....
Terraform Labs CEO Chris Amani declared in a court filing that the company is not built to currently generate profits, amid citing previous crypto collapses… ....