Terraform decision cited by SEC in ongoing Binance lawsuit

The Securities and Exchange Commission (SEC) has submitted a notice of supplemental authority to the court presiding over its case against Binance. This move highlights the recent Terraform ruling, which deemed UST, LUNA, wLUNA, and MIR securities under the Howey test significant precedents. The SEC parallels this ruling and its allegations that the Binance-issued stablecoin,…