A US judge denies Terraform Labs' motion to dismiss an SEC lawsuit, saying the SEC made a "plausible claim" that UST and LUNA may have violated securities law (Nikhilesh De/CoinDesk)

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Nikhilesh De / CoinDesk:
A US judge denies Terraform Labs' motion to dismiss an SEC lawsuit, saying the SEC made a “plausible claim” that UST and LUNA may have violated securities law  —  Terraform Labs argued that there was no contract in the sale of UST to retail investors.

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