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Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision

August 1, 2023 by DIGIT
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Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple.

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Categories Fraud, LUNC, SEC, Terra
We need to fundamentally change how smart contracts operate
‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy


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  • bitcoinBitcoin(BTC)$102,974.00-0.58%
  • ethereumEthereum(ETH)$2,379.47-5.12%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.34-1.79%
  • binancecoinBNB(BNB)$637.97-1.24%
  • solanaSolana(SOL)$163.12-3.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.218202-1.02%
  • cardanoCardano(ADA)$0.72-4.31%
  • tronTRON(TRX)$0.262008-3.77%
  • bitcoinBitcoin(BTC)$102,974.00-0.58%
  • ethereumEthereum(ETH)$2,379.47-5.12%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.34-1.79%
  • binancecoinBNB(BNB)$637.97-1.24%
  • solanaSolana(SOL)$163.12-3.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.218202-1.02%
  • cardanoCardano(ADA)$0.72-4.31%
  • tronTRON(TRX)$0.262008-3.77%
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  • bitcoinBitcoin(BTC)$102,974.00-0.58%
  • ethereumEthereum(ETH)$2,379.47-5.12%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.34-1.79%
  • binancecoinBNB(BNB)$637.97-1.24%
  • solanaSolana(SOL)$163.12-3.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.218202-1.02%
  • cardanoCardano(ADA)$0.72-4.31%
  • tronTRON(TRX)$0.262008-3.77%
  • bitcoinBitcoin(BTC)$102,974.00-0.58%
  • ethereumEthereum(ETH)$2,379.47-5.12%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.34-1.79%
  • binancecoinBNB(BNB)$637.97-1.24%
  • solanaSolana(SOL)$163.12-3.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.218202-1.02%
  • cardanoCardano(ADA)$0.72-4.31%
  • tronTRON(TRX)$0.262008-3.77%