SEC Labels LUNC Coin and 4 Other Cryptos as Securities: Here’s Why!

The U.S. Securities and Exchange Commission (SEC) has recently solidified its stance on classifying several prominent cryptocurrencies as securities. This includes Terra Luna Classic (LUNC), Polygon (MATIC), The Sandbox (SAND), Chiliz (CHZ), and Decentraland (MANA). In a notable legal move, the SEC asserts these cryptocurrencies were initially offered and sold as investment contracts. Discover the

Source: CoinOtag