USD-Pegged Stablecoins

SEC Fines Tai Mo Shan $123M Over TerraUSD Depeg Misconduct

The U.S. Securities and Exchange Commission (SEC) has fined Tai Mo Shan Ltd., a subsidiary of Jump Crypto, $123 million for misleading investors about TerraUSD's stability.

Dec 22, 2024 - 07:52
SEC Fines Tai Mo Shan $123M Over TerraUSD Depeg Misconduct
StablecoinThe U.S. Securities and Exchange Commission (SEC) has fined Tai Mo Shan Ltd., a subsidiary of Jump Crypto, $123 million for misleading investors about TerraUSD's stability.
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