SEC Launches Inquiry Into Insider Trading at Crypto Exchanges: Report

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SEC Launches Inquiry Into Insider Trading at Crypto Exchanges: Report
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The SECGov has started an investigation into whether crypto exchanges have sufficient protections against insider trading, according to Fox News. By NelWang

The source said the SEC had sent a letter to a major crypto exchange asking about the kinds of protections it has in place against insider trading. The inquiry is meant to cover additional exchanges as well, according to the source.of Terra’s UST stablecoin and the associated LUNA token, according to the report.The SEC is also

whether Terraform Labs, the company behind UST and LUNA, violated U.S. laws in its marketing of the cryptocurrencies.

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