Jump Crypto profited from Terra Luna as investors lost billions
Quantitative trading juggernaut Jump Crypto could have been one of the largest beneficiaries of one of history’s largest frauds, Terra.
Cryptocurrency news by Protos · Protos
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Show Notes
Sources familiar with the Securities and Exchange Commission’s lawsuit against Do Kwon have named Jump Crypto as the beneficiary of $1.28 billion dollars in profit from his decimated crypto empire, Terra Luna.
Do Kwon is facing civil charges in the US. The SEC alleges that he and his company, Terraform Labs, raised billions of dollars through unregistered securities.
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