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)

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 …