Terraform Will Use Ch. 11 To Craft Appeal Of SEC Crypto Case https://www.law360.com/banking/articles/1791691?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-31&read_main=1&nlsidx=0&nlaidx=10 By Alex Wittenberg 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 tied to the implosion of its algorithmic stablecoin, the collapse of which in 2022 provoked a widespread crash in cryptocurrency markets. 2 documents attached | Read full article » https://www.law360.com/banking/articles/1791691?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-31&read_more=1&nlsidx=0&nlaidx=10 | Save to favorites » https://www.law360.com/banking/articles/1791691?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-31&read_later=1&nlsidx=0&nlaidx=10