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SEC Accuses Tai Mo Shan of Misleading Terra Investors

Coinpedia LogoCoinpedia13h ago

SEC Accuses Tai Mo Shan of Misleading Terra Investors - Coinpedia

Quick Summary:

The SEC has charged Tai Mo Shan Limited, a subsidiary of Jump Crypto Holdings LLC for misleading investors about Terra USD stability and selling unregistered securities.

They’d stabilize UST in exchange for discounted LUNA tokens.

So, by acting as a statutory underwriter and failing to register these offerings, the company broke securities laws.

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SEC Accuses Tai Mo Shan of Misleading Terra Investors - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Vijay Gir

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-21 @ 03:51:31 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 397 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24572672

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About Coinpedia

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Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 10 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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The story "SEC Accuses Tai Mo Shan of Misleading Terra Investors" has 397 words across 39 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "SEC Accuses Tai Mo Shan of Misleading Terra Investors" was covered 13 hours ago by Coinpedia, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 10 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #24572672
  • URL: https://beamstart.com/news/sec-accuses-tai-mo-shan-17347566009376

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