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coinpedia 2023-08-01 04:58:09

Judge Sets New Precedent in Terraform Labs’ SEC Lawsuit by Rejecting Ripple Ruling

The post Judge Sets New Precedent in Terraform Labs’ SEC Lawsuit by Rejecting Ripple Ruling appeared first on Coinpedia Fintech News There has been a major shift in the legal struggle between stablecoin issuer Terraform Labs and the U.S. Securities and Exchange Commission (SEC). U.S. District Judge Jed Rakoff, ruling over the case, refused Terraform Labs’ motion to dismiss the SEC’s action against them on Monday. While the SEC had already accused Terraform Labs and its …

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