The SEC sued Terraform Labs earlier this year, following a rash of similar complaints it filed against several other key players in the cryptocurrency industry. The lawsuit’s filing came just months after the notorious depegging of Terraform Labs’ algorithmic stablecoin UST, which plunged the crypto industry into a deep winter.
Related posts
-
Kiyosaki’s Crash Survival Rules, Snowden Warns Bitcoin Devs, and More — Week in Review
Robert Kiyosaki warns of an impending severe market crash and advises investing in assets like bitcoin,... -
Kraken Asks Court To Dismiss SEC Claims Alleging the Crypto Exchange Operated As Unregistered Securities Broker
The crypto exchange Kraken is pushing back against claims made by the U.S. Securities and Exchange... -
Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules
Following the U.S. House of Representatives passing a resolution...