Wu Blockchain (@WuBlockchain): Judge Jed Rakoff of the District Court for the Southern District of New York upheld the SEC's decision, finding that Terraform Labs and its co-founder…
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Judge Jed Rakoff of the District Court for the Southern District of New York upheld the SEC's decision, finding that Terraform Labs and its co-founder Do Kwon offered and sold unregistered securities. Judge Rakoff noted that UST, LUNA, wLUNA and MIR were undoubtedly securities…