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SEC Scores Major Victory As Court Declares Terra (LUNA) and UST as Securities

SEC Scores Major Victory As Court Declares Terra (LUNA) and UST as Securities


TimesTabloid
2023-12-30 01:34:21

In a significant legal development, a US District Judge has ruled that LUNA and UST, two prominent assets within the Terra ecosystem, are unregistered securities. This decision represents a major win for the United States Securities and Exchange Commission (SEC) in its ongoing battle against Terraform Labs and Do Kwon. The verdict has sent shockwaves The post SEC Scores Major Victory As Court Declares Terra (LUNA) and UST as Securities appeared first on Times Tabloid .


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