Terra Spokesman Argues ‘Luna Classic has Never Been a Security’ Amid Legal Trouble
Terraform Labs suggested that South Korean prosecutors may be ‘overreaching their authority’ arguing that Luna Classic isn’t legally a security in a recent exchange with The Wall Street Journal. Soon after Terra chief Do Kwon denied ducking Interpol ‘Red Notice,’ a company spokesperson accused the case of being ‘highly politicized.’ Terra co-founder Daniel Shin has been wrapped in as one of the key witnesses at South Korea’s National Assembly. With that, Ji-Yun of Terra’s blockchain validator DSRV Labs has also been roped in as a witness as the stablecoin collapse is likely to take center stage in this year’s audit.
Source
https://t.me/Terra_Luna_Tron
