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SEC Investigating Company Behind TerraUSD Stablecoin: Report

Press Release by Press Release
June 9, 2022
in Uncategorized
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Regulators Are Paying Attention to UST
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The U.S. Securities and Exchange Commission (SEC) is looking into whether Terraform Labs – the Singapore-registered firm that created the terraUSD (UST) stablecoin and luna (LUNA) token – violated U.S. laws regarding how it marketed the crypto coins, Bloomberg reported Thursday, citing a person familiar with the matter.



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