Jump Crypto subsidiary Tai Mo Shan reached a $123 million settlement with the SEC
On December 22, Jump Crypto's subsidiary Tai Mo Shan agreed to settle with the U.S. Securities and Exchange Commission (SEC) for $123 million because the company misled investors about its stability information before the collapse of TerraUSD (UST) algorithmic stablecoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bloomberg Analyst: Bitcoin Could Plummet 88% to $10,000 by 2026
A whale holding $3.5 million in assets swapped 50,000 KTA for 320,000 EDEL.
Bitget TradFi section enters public beta, allowing trading of gold, forex, and other assets within the same account
Smart money wyzq.eth sold all RAVE for a profit of over $100,000, with a return rate of 83%
Trending news
MoreCrypto prices
More
