The post Ripple CLO Stuart Alderoty Weighs In on Terraform Labs Ruling Impact appeared first on Coinpedia Fintech News
U.S. Federal Judge Jed Rakoff delivered a summary judgment on December 28th in the Terraform Labs case, classifying Luna, MIR, and other crypto tokens as ‘securities.’ This landmark decision, rooted in their identification as investment contracts, sets a definitive tone for the ongoing security violation trial. The judgment solidifies: Token Classification: UST, LUNA, wLUNA, and …
