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Bitcoin.com 2023-06-16 21:30:57

US Judge Considers if Crashed Coins of Terraform Labs Were Securities

A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and Exchange Commission (SEC) alleging that they defrauded investors whom they sold unregistered securities. Judge

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