Loading...
Market
How will Tai Mo Shan's settlement affect TerraUSD and LUNA prices by June 2025?
2
Resolution / Starting Odds
Significant price increase • 25%
Moderate price change • 25%
No significant change • 25%
Significant price decrease • 25%
Cryptocurrency market reports and price analyses
Story
Jump Trading's Tai Mo Shan Agrees to Pay $123 Million to Settle SEC Allegations of Misleading Investors on TerraUSD Stability
Dec 20, 2024, 11:59 PM
Jump Trading's subsidiary, Tai Mo Shan Limited, has agreed to pay $123 million to settle allegations from the U.S. Securities and Exchange Commission (SEC) that it misled investors regarding the stability of the TerraUSD (UST) algorithmic stablecoin. The SEC's findings indicated that the company engaged in negligent misrepresentations about UST's stability mechanism and acted as a legal underwriter in unregistered transactions involving the LUNA crypto asset. The settlement, which does not require Tai Mo Shan to admit or deny the SEC's findings, comes amid ongoing scrutiny of the cryptocurrency market and its regulatory compliance.
View original story
Similar markets
Increase by over 50% • 25%
Increase by 25-50% • 25%
Increase by less than 25% • 25%
Decrease • 25%
Increase > 10% • 25%
Increase 5-10% • 25%
Increase < 5% • 25%
Decrease • 25%
Increase • 50%
Decrease • 50%
Below $5 • 25%
$5 to $10 • 25%
$10 to $20 • 25%
Above $20 • 25%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Successfully completed • 25%
Partially completed • 25%
Not completed • 25%
Extended beyond timeframe • 25%
Below $500 • 25%
$500 to $750 • 25%
$750 to $1,000 • 25%
Above $1,000 • 25%
Significantly positive • 25%
Moderately positive • 25%
Neutral • 25%
Negative • 25%
Yes • 50%
No • 50%
Below $5 • 25%
$5 to $7 • 25%
$7 to $10 • 25%
Above $10 • 25%