SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse
Submitted by Anonymous (not verified) on Sun, 12/22/2024 - 16:30
The U.S. Securities and Exchange Commission (SEC) announced that Tai Mo Shan Ltd. has agreed to pay $123 million to resolve allegations of misleading investors about the stability of terrausd, Terra’s algorithmic stablecoin. Tai Mo Shan Settles SEC Allegations Over Terrausd for $123 Million Tai Mo Shan, a subsidiary of Jump Crypto Holdings, was accused […]