Terraform Labs Under SEC Scrutiny For Alleged Funds Misappropriation In $166M Law Firm Payment

According to a Reuters report, the US Securities and Exchange Commission (SEC) has raised concerns regarding Terraform Labs’ hiring of the law firm Dentons and the payment of litigation costs for its employees during the company’s bankruptcy proceedings.  The SEC argues that a $166 million retainer payment made to Terraform Labs’s lawyers may have been […] source: https://bitcoinist.com/terraform-labs-166m-payment-under-sec-investigation/