LUNA token is not a security, rules S.Korean court in Terra co-founder case

LUNA token is not a security, rules S.Korean court in Terra co-founder case

Upworthy

Published

A South Korean district court has dismissed charges of security violations against former Terraform Labs CEO and co-founder Hyun-seong Shin. The court deemed LUNA (LUNA) (the native token of the LUNA ecosystem) as non-security under Korea’s Capital Markets Act. The southern district court in Seoul…

#southkorean #terraformlabs #luna #korea #capitalmarketsact #seoul #capitalmarketact #supremecourt #korean

Full Article