Breaking: SEC sues Do Kwon and Terraform Labs for fraud

by Aurelia Butler 16 February 2023, 23:00 109 Views

In a Feb. 16 statement, the SEC said Kwon and Terraform offered and sold an “inter-connected suite of crypto asset securities, many in unregistered transactions.” It pointed to its now collapsed algorithmic stablecoin, TerraClassicUSD (USTC) and its connected cryptocurrency Terra Luna Classic (LUNC).

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Source: Cryptocurrency - investing.com

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Breaking: SEC sues Do Kwon and Terraform Labs for fraud

U.S. official says Russia’s crude output cut signals unsold oil

DeFi platforms can comply with regulations without compromising privacy — Web3 exec

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