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.

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• Source: https://www.coindesk.com/policy/2023/12/28/terraform-labs-luna-and-mir-tokens-are-securities-judge-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines