How Investors Purchased wLUNA: SEC V. Terraform Labs

Written by secagainsttheworld | Published 2023/10/07
Tech Story Tags: crypto | wluna | sec-v-terraform-labs | wrapped-tokens | legalpdf | terra-luna | the-history-of-terraform | how-wrapped-tokens-are-created

TLDRA look into how investors purchased wLUNA.via the TL;DR App

SEC v. Terraform Court Filing, retrieved on February 16, 2023, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This is part 14 of 38.

B. “Wrapped“ LUNA

  1. Investment of Money

62. Investors purchased wLUNA with other crypto assets or with fiat currency through crypto asset trading platforms. For example, to create wLUNA, investors deposited LUNA to an address or smart contract on the Terraform blockchain, which was then "bridged" to the Ethereum or other blockchains to create wLUNA.

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About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings.

This court case 1:23-cv-01346 retrieved on September 12, 2023, from sec.gov is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction.

Written by secagainsttheworld | A collection of public domain court case filings, by/against the US SEC, retrieved by HackerNoon
Published by HackerNoon on 2023/10/07
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