Chicago-based crypto trading firm Jump Trading is again facing scrutiny from the U.S. Securities and Exchange Commission (SEC) as new court filings shed light on a clandestine agreement between the company and the now-defunct Terraform Labs regarding the TerraUSD stablecoin. These documents confirm...
Jump Trading is the masked “U.S. trading firm” that the United States Securities and Exchange Commission (SEC) accused of propping the TerraUSD, UST, and preventing the stablecoin from de-pegging in 2021, reports on Feb. 17 show. On Feb. 16, the SEC filed charges against Terraform Labs,...