SEC Says Morrison Can't Save Terraform From Disgorgement
SEC Says Morrison Can't Save Terraform From Disgorgement <https://www.law360.com/newyork/articles/1834421?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-05-08&read_main=1&nlsidx=0&nlaidx=14> By Aislinn Keely The U.S. Securities and Exchange Commission said bankrupt crypto firm Terraform Labs should remain on the hook for potentially $3.6 billion in disgorgement over its fraud trial loss, saying any claims that its unregistered transactions took place beyond the court's reach are undermined by the agency's congressional authority. Brief attached | Read full article » <https://www.law360.com/newyork/articles/1834421?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-05-08&read_more=1&nlsidx=0&nlaidx=14> | Save to favorites » <https://www.law360.com/newyork/articles/1834421?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-05-08&read_later=1&nlsidx=0&nlaidx=14>
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Gunnar Larson