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US SEC Charges Tai Mo Shan With Fraud Over Terra USD Peg Stability Claims

US SEC Charges Tai Mo Shan With Fraud Over Terra USD Peg Stability Claims

CryptoNewsNetCryptoNewsNet2024/12/21 06:11
By:coingape.com

The U.S. Securities and Exchange Commission (SEC) has charged Tai Mo Shan Limited, a subsidiary of Jump Crypto Holdings LLC, for misleading investors about the stability of Terra USD (UST), an algorithmic stablecoin created by Terraform Labs.

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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.

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