SEC fines Jump Trading subsidiary $123 million for propping up TerraUSD stablecoin during depeg

The firm mislead investors into believing TerraUSD's self-healing mechanism functioned as expected, the agency alleges in its order. source: https://www.theblock.co/post/332096/sec-fines-jump-trading-subsidiary-123-million-for-propping-up-terrausd-stablecoin-during-depeg?utm_source=rss&utm_medium=rss