July 31, 2025

SEC Classifies Terra Luna Classic as Security Amid Broader Crypto Crackdown

1 min read

Recently, the U.S. Securities and Exchange Commission (SEC) has provided further clarification on why it classifies certain cryptocurrencies as securities. This explanation particularly pertains to Terra Luna Classic, Polygon, Decentrland, The Sandbox, and Chiliz. The SEC emphasized the marketing tactics and the nature of these tokens as investment opportunities to justify their classification as securities.

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Source: CoinOtag

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