SEC Raises Red Flags Over Terraform Labs’ $166M Payment to Lawyers

The U.S. Securities and Exchange Commission (SEC) has urged the Delaware bankruptcy court to reject Terraform Labs’ retention of Dentons LLC as its special counsel. This move comes as the SEC raised concerns over a substantial payment of $166 million to Dentons, labeling the transaction “suspicious.” In a recent filing, the SEC contended that Terraform The post SEC Raises Red Flags Over Terraform Labs’ $166M Payment to Lawyers appeared first on Coin Edition .