Home > Quick > Body

Jump Crypto subsidiary Tai Mo Shan reaches $123 million settlement with SEC

clock
2024-12-21 22:08:03
Tai Mo Shan, a subsidiary of Jump Crypto, agreed to settle with the Securities Exchange Commission (SEC) for $123 million for misleading investors about the stability of the TerraUSD (UST) algorithmic stablecoin before it collapsed.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.