Terraform Will Use Ch. 11 To Craft Appeal Of SEC Crypto Case

By Alex Wittenberg · January 30, 2024, 3:38 PM EST

An executive for crypto company Terraform Labs told the Delaware bankruptcy court Tuesday it has sought Chapter 11 protection mainly to delay a potentially existential U.S. Securities and Exchange Commission penalty...

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Case Information

Case Title

Securities and Exchange Commission v. Terraform Labs Pte Ltd. et al

Case Number

1:23-cv-01346

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

February 16, 2023


Case Title

Terraform Labs Pte. Ltd.

Case Number

1:24-bk-10070

Court

Delaware

Nature of Suit

Date Filed

January 21, 2024