SEC COMES FOR JUMP: $123M PENALTY FOR TERRAUSD PLAY
Jump Trading’s $1B payday from propping up TerraUSD’s shaky algorithm is now costing them $123M in SEC fines.
The TerraUSD collapse erased $40B in investor assets.
Jump’s alleged role? Buying $20M of UST in 2021 to fake stability while the system unravelled.
Crypto’s future? Stay legit or pay the price.
Source: Cryptopolitan$BTC
