SouthKorean court says LUNA is not a security, details inside
A District Court in Seoul has ruled that the LUNA token involved in Terra’s collapse is not a security.
A South Korean Judge has ruled that LUNA is not a security. The ruling came earlier on 24 April in the case of Hyun-seong Shin aka Daniel Shin. The prosecution’s investigation charged Shin with violation of the Capital Markets Act, citing LUNA’s status as a security.
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