Terraform Labs filed for bankruptcy to protect against potential SEC money judgment

Terraform Labs, the brains behind the Terra blockchain network, opted for bankruptcy protection as a strategic move against any “potential money judgment” that could be enforced by the U.S. Securities and Exchange Commission (SEC). In a Jan. 30 court filing, Terraform Labs CEO Chris Amani…

#terraformlabs #chrisamani #luna #chapter11 #terrablockchain #jedrakoff #securitiesact #ust #mir