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Terraform Labs 'strongly' disagrees with UST securities ruling Terraform Labs says it disagrees with the federal judge's…
Terraform Labs 'strongly' disagrees with UST securities ruling
Terraform Labs says it disagrees with the federal judge's decision that painted UST stablecoin as a security and is planning to "vigorously" defend against the SEC's fraud claims in January.
“We strongly disagree with the decision and do not believe that the UST stablecoin or the other tokens at issue are securities. Further, the SEC’s fraud claims are not supported by evidence, and we will continue to vigorously defend against those meritless allegations at trial.”
