Crypto Trading Firm Settles for $123 Million with SEC Regarding Terraform Allegations
Authored by Aislinn Keely, December 20, 2024, 9:19 PM EST — The U.S. Securities and Exchange Commission on Friday communicated the finalization of a substantial $123 million agreement with a Jump Trading affiliate. This resolution comes on the heels of charges that the subsidiary had given investors false assurances concerning the Terraform infrastructure’s robustness. Accusations suggest underhand support of the primary token following a deal signed amidst a decline in the token’s market value…
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#Crypto #Trading #Pay #SEC #123M #Terraform #Claims
