TechFlow news: Terraform Labs has rejected the U.S. Securities and Exchange Commission's (SEC) opposition to its advance payment of $166 million to law firm Dentons.
In a court filing, Terraform Labs called the SEC's opposition "a troubling example of government overreach," arguing that the agency's motive was "to prejudice and distract its opponent on the eve of trial."
Previous report: The SEC questioned Terraform Labs' $166 million "suspicious" payment to its lawyers.
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