.SECgov is 'absolutely right' suing Terraform Labs, Kennedy_School's Timothy Massad says. While the industry complains about regulatory clarity, 'you just need to have good lawyers that read the law.' More on State of Crypto, presented by trondao:
On Thursday, the U.S. Securities and Exchange Commission sued Terraform Labs, the firm behind the failed TerraUSD stablecoin, and its co-founder, Do Kwon.
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Fugitive Stablecoin Founder Do Kwon Accused of Securities Fraud in U.S.The SEC filed a lawsuit against Do Kwon and Terraform Labs, accusing them of defrauding buyers of cryptocurrencies TerraUSD and Luna
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