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SEC Says Morrison Can't Save Terraform From Disgorgement

By Aislinn Keely (May 7, 2024, 10:27 PM EDT) -- 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....

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