The Securities and Exchange Commission (SEC) is already investigating this week’s events concerning Terra (CRYPTO: LUNA) and TerraUSD (CRYPTO: UST), according to a report from The Block.
What Happened: Two former SEC lawyers told The Block on Wednesday that the SEC is “already on the scene.”
Philip Moustakis, one of the regulator’s former lawyers, said that even if the stablecoin had managed to avoid being subject to federal securities laws thus far, the events that unfolded over the week …
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