SEC launches investigation of UST

SEC launches investigation of UST

The U.S. Securities and Exchange Commission (SEC) has opened an investigation into the UST Stablecoin crash.

The SEC will find out whether Terraform Labs violated securities and investment products rules and investor protection rules.

A U.S. Court of Appeals decision has already granted the commission’s motion, requiring Terraform Labs and Do Kwon to comply with investigative subpoenas.

Will Sparrow

Written by Will Sparrow

Programmer. Recently, the main activity is programming smart contracts on Solidity in the Ethereum blockchain. Development of websites using smart contracts as part of their functionality.
Has experience in developing services using Lightning Network technology.
Actively interested in everything related to blockchains and cryptocurrencies.

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