Mirror Protocol News

The US Securities and Exchange Commission released a comprehensive classification framework for tokenized securities on the same day Robinhood’s CEO publicly called for stock market tokenization. Meanwhile, Terra’s Mirror Protocol—the first...

According to documents filed on January 21, crypto asset (virtual currency) issuer Terraform Labs has filed for Chapter 11 bankruptcy protection in Delaware. This company, which issued the algorithmic stablecoin TerraUSD (UST), has assets estimated...

Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently facing a class action lawsuit in Singapore.

The U.S. Securities and Exchange Commission (SEC) has been blowing a horn in its various legal clashes with crypto exchanges, asking courts to see how its recent win in the Terraform Labs dispute should convince other judges that the regulator is...

New SEC allegations On the 4th, the U.S. Securities and Exchange Commission (SEC) filed a supplementary notice of judicial precedent in a lawsuit against Coinbase, a major U.S. crypto asset (virtual currency) exchange. They asked the court to...

“UST is an unregistered security” Judge Jed Rakoff of the U.S. District Court for the Southern District of New York announced on the 28th that the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Terraform Labs, alleging...

A federal judge issued summary judgements siding with the SECs arguments that Terraform had illegally sold unregistered crypto securities.

Do Kwon will reportedly be extradited to the U.S., but Terraform Labs might not go down without a fight.

The Terra ecosystem was able to strengthen as both LUNC and USTC printed 24-hour gains.

Terra Classic (LUNC) is not a security, the Korean court said, as opposed to the stance of the US Securities and Exchange Commission, which named both UST and LUNC securities in a February lawsuit.