Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision in the Securities and Exchange’s case against Ripple.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision in the Securities and Exchange’s case against Ripple.
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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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