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The Securities and Exchange Commission has charged a subsidiary of Jump Crypto, Tai Mo Shan Limited, with misleading investors about Terra USD (UST) after the stablecoin lost its $1 peg. The regulator alleges that Tai Mo Shan participated in trading designed to create the false impression UST’s advertised algorithm solely sustained its price. When UST […]
The post SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg appeared first on CryptoSlate.
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SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg
