Terraform Labs asks for jury to decide whether UST and LUNA tokens are securities
David Kornblau, the lawyer for Terraform Labs, stated that the jury should decide whether the U.S. Securities and Exchange Commission fulfilled its responsibility to prove that UST, LUNA, and MIR tokens are securities.It is reported that in February of this year, the U.S. Securities and Exchange Commission (SEC) sued Terraform Labs and its co-founder Do Kwon, accusing them of raising billions of dollars from investors by "offering and selling a set of interrelated cryptographic asset securities, many of which were unregistered for trading."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Notice on Bitget CFD system maintenance
[Initial listing] Bitget to list Re Protocol (RE) in the Defi zone
CandyBomb x AVV: Trade to share 13,333,333 AVV
Bitget Broker UTA Unified Trading Account API Upgrade Notice
