Jump Trading and TerraUSD: SEC’s $123M Settlement Case
Jump Trading settles SEC charges with a $123M fine for its role in supporting TerraUSD’s algorithmic stability.SEC claims Jump Trading misled investors about TerraUSD and violated securities laws during Luna token offerings. Jump Trading has suffered major legal and financial ramifications for its role in supporting the TerraUSD algorithmic stablecoin, which famously failed and wiped...