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Sources: US SEC plans to sue Terraform Labs for not registering its TerraUSD stablecoin and misleading investors about the coin's ability to keep its dollar peg (Bloomberg)

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Bloomberg:

Sources: US SEC plans to sue Terraform Labs for not registering its TerraUSD stablecoin and misleading investors about the coin’s ability to keep its dollar peg  —  The US Securities and Exchange Commission is preparing to sue the company behind TerraUSD, a crypto stablecoin whose collapse …



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