SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin CollapseThe 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 […]