Is the SEC’s Terra Lawsuit Trying to Set Precedent That Stablecoins are Securities?

<p dir="ltr">In today’s episode, NLW breaks down a slew of late-breaking news, including:</p> <ul> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Terraform Labs and Do Kwon are being sued by the Securities and Exchange Commission</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Binance US made strange transfers of $400 million between 2020 and 2021, according to Reuters</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Judge Kaplan threatens to revoke Sam Bankman-Fried's bail </p> </li> </ul> <div data-pm-slice="1 1 []" data-en-clipboard="true">Enjoying this content?</div> <div> </div> <div>SUBSCRIBE to the Podcast</div> <div>Apple:  <a href= "https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb" rev= "en_rl_none">https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb</a></div> <div>Spotify: <a href= "https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ" rev= "en_rl_none">https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ</a></div> <div>Google: <a href= "https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=" rev= "en_rl_none">https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=</a></div> <div> </div> <div>Join the discussion: <a href="https://discord.gg/VrKRrfKCz8" rev="en_rl_none">https://discord.gg/VrKRrfKCz8</a></div> <div> </div> <div>Follow on Twitter:</div> <div>NLW: <a href="https://twitter.com/nlw" rev= "en_rl_none">https://twitter.com/nlw</a></div> <div>Breakdown: <a href="https://twitter.com/BreakdownNLW" rev="en_rl_none">https://twitter.com/BreakdownNLW</a></div> <p><strong><br /> <br /></strong></p> <p dir="ltr">-</p> <p dir="ltr">“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by <a href= "mailto:michele@coindesk.com">Michele Musso</a> and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor t