SEC’s Victory in Terraform Labs Case: Legal Implications for LUNA, LUNC, and USTC

In February, a landmark decision was made in favor of the United States Securities and Exchange Commission (SEC). The SEC triumphed in the case against Terraform Labs and its founder, Do Kwon. The court ruled that Do Kwon’s sale of LUNA tokens constituted an unregistered investment contract. Consequently, Kwon was deemed guilty of wrongdoing in…

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