U.S. judge considers whether Terraform Labs' cryptocurrencies were securities

U.S. judge considers whether Terraform Labs' cryptocurrencies were securities

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2023-06-16

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Summary：A U.S. judge considered whether the digital assets created by Terraform Labs were securities at a hearing on Thursday, a question central to the U.S. Securities and Exchange Commission’s fraud case against the company and its founder Do Kwon. Kwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year.

A U.S. judge considered whether the digital assets created by Terraform Labs were securities at a hearing on Thursday, a question central to the U.S. Securities and Exchange Commission’s fraud case against the company and its founder Do Kwon. Kwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year.

TAG： Terraform Labs digital assets U.S. Securities and Exchange Commission Do Kwon

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