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Jump Trading Raked In Crypto Profits. Now It’s Paying a $123 Million Penalty.
The unit, Tai Mo Shan, negligently misled investors about the stability of TerraUSD, a so-called stablecoin that imploded in 2022, hurting thousands of investors around the world, the Securities ...
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US Prosecutors Scale TerraUSD Collapse Impact Ahead of Do Kwon Court Return
U.S. prosecutors estimate that the total number of victims in the TerraUSD collapse may exceed one million. Terraform Labs co-founder Do Kwon was extradited to the U.S. Kwon faces nine felony ...
The Star8d
Terraform Labs approved for bankruptcy wind-down after US SEC settlement
The SEC had accused Terraform and founder Do Kwon of deceiving investors about the stability of TerraUSD, a stablecoin he designed to maintain a constant $1 price, and falsely claiming that ...