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Jump Crypto Is Unnamed Firm That Made $1.28B From Do Kwon’s Doomed Terra Ecosystem: Sources

A complaint by the SEC against Do Kwon and Terraform Labs revealed an unnamed trading firm helped Kwon restore UST’s $1 peg in 2021 in exchange for discounted LUNA tokens.

Updated May 9, 2023, 4:08 a.m. Published Feb 17, 2023, 4:56 p.m.
Jump Crypto President Kanav Kariya (Danny Nelson/CoinDesk)
Jump Crypto President Kanav Kariya (Danny Nelson/CoinDesk)