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coinpedia 2023-12-30 03:45:32

Ripple CLO Stuart Alderoty Weighs In on Terraform Labs Ruling Impact

The post Ripple CLO Stuart Alderoty Weighs In on Terraform Labs Ruling Impact appeared first on Coinpedia Fintech News U.S. Federal Judge Jed Rakoff delivered a summary judgment on December 28th in the Terraform Labs case, classifying Luna, MIR, and other crypto tokens as ‘securities.’ This landmark decision, rooted in their identification as investment contracts, sets a definitive tone for the ongoing security violation trial. The judgment solidifies: Token Classification: UST, LUNA, wLUNA, and …

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