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Some crypto assets are securities, Manhattan judge says, laying the groundwork for appeals showdown

by Editor August 1, 2023, 2:03 pm 1.3k Views

Hon Chang-joon, business partner of Do Kwon, the cryptocurrency entrepreneur who created the failed Terra (UST) stablecoin, is taken to court in Podgorica, Montenegro, March 24, 2023.

Stevo Vasiljevic | Reuters

Cryptocurrencies are considered securities regardless of how they are sold, a Manhattan federal judge said in an opinion, allowing the Securities and Exchange Commission to pursue securities charges against Terraform Labs and its…

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