Here's why the SEC believes wLUNA is also a security.
SEC v. Terraform Court Filing, retrieved on February 16, 2023, is part of . You can jump to any part in this filing . This is part 17 of 38. HackerNoon’s Legal PDF Series here B. “Wrapped“ LUNA 4. wLuna is a Receipt for a Security 68. The definition of security under Securities Act 2 and Exchange Act Section 3 includes a "receipt for" a security.
This mechanism created a pool of LUNA on the Terraform blockchain through which wLUNA owners could convert their holdings back into LUNA. As a result, wLUNA is also a security because it is a receipt for a security. Continue Reading . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case 1:23-cv-01346 retrieved on September 12, 2023, from is part of the public domain.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Government's Definition of Crypto Asset, Blockchain, and Smart ContractsThe SEC defined crypto assets, blockchain, and smart contracts during the trial of SEC v Terraform.
Read more »
Ripple Case: Ex-SEC Official Stark Addresses SEC Appeal DenialJohn Reed Stark, an ex-official of the Securities and Exchange Commission (SEC), has offered his critical viewpoint on the recent Ripple case development
Read more »
Former Army sergeant indicted for efforts to give classified information to ChinaHe allegedly pinged China's security services offering classified information.
Read more »
Trump's submarine comments would be stupid but do not appear classifiedTom Rogan is a foreign policy/national security writer for the Washington Examiner. He holds a Bachelor of Arts in War Studies from King's College London, a Master of Science in Middle East politics from SOAS, and a Graduate Diploma in Law from the University of Law, London. Among others, he has previously written for National Review, the Telegraph, and the Guardian.
Read more »
Ex-US Army sergeant indicted for attempting to give classified information to ChinaAn ex-U.S. Army sergeant has been charged with two felonies for allegedly trying to give national security secrets to Chinese intelligence.
Read more »
Former U.S. Army sergeant charged with offering classified information to ChinaFormer U.S. Army sergeant Joseph Daniel Schmidt is charged with two felonies for allegedly offering secret U.S. intelligence information to China, DOJ said.
Read more »