Market
What will be Jump Trading's strategic response to regulatory scrutiny by December 2025?
2
Resolution / Starting Odds
Increased compliance measures • 25%
Withdrawal from certain markets • 25%
No significant changes • 25%
Expansion in other areas • 25%
Official company announcements or strategic reports
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.
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Similar markets
Unclear outcome • 25%
Increased regulations • 25%
Decreased regulations • 25%
Status quo • 25%
Traditional Commodities • 25%
Digital Assets • 25%
Both Equally • 25%
Other Focus • 25%
Cease certain services • 25%
Increase compliance measures • 25%
Relocate operations • 25%
No significant change • 25%
CFPB Action • 25%
SEC Action • 25%
FINRA Action • 25%
Other • 25%
Democrat • 25%
Independent • 25%
Bipartisan • 25%
Republican • 25%
Increase lobbying efforts • 25%
Enhance compliance measures • 25%
Other strategic actions • 25%
Shift focus away from China • 25%
Data Privacy • 25%
Other • 25%
Algorithmic Trading • 25%
Market Manipulation • 25%
No significant change • 25%
Register in more countries • 25%
Withdraw from more markets • 25%
Partnerships for compliance • 25%