The U.S. SEC has submitted a letter to Judge Jed Rakoff in the ongoing case against Terraform Labs, presenting the argument that the crypto assets should be classified as securities under legal definitions. The letter, dated Dec. 4, outlines the regulator’s position and proposes that the court, rather than a jury, determine whether the tokens […]
The post SEC says court, not jury, should determine security status of Terra’s crypto assets appeared first on CryptoSlate.
Originally appeared here:
SEC says court, not jury, should determine security status of Terra’s crypto assets