Judge rules that Terraform Labs Luna and Mir crypto tokens are securities

11 months ago 44

A federal judge sided with the U.S. Securities and Exchange Commission in a fraud case against failed blockchain company Terraform Labs Pte. Ltd. and its Chief Executive Do Kwon, ruling that two crypto assets offered by the company –...

A federal judge sided with the U.S. Securities and Exchange Commission in a fraud case against failed blockchain company Terraform Labs Pte. Ltd. and its Chief Executive Do Kwon, ruling that two crypto assets offered by the company – Luna and Mir – are unregistered securities. U.S. District Judge Jed Rakoff ruled in favor of […]

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