Jump Crypto filed docs confidentially in SEC v. Terraform Labs case

A federal judge has actually accepted products from Jump Crypto Holdings in discovery for the United States Securities and Exchange Commission (SEC) case versus Terraform Labs.In a Nov. 28 filing in U.S. District Court for the Southern District of New York, Judge Jed Rakoff approved the confidential treatment of particular products produced by Jump Crypto Holdings, the crypto arm of Jump Trading. “If such disclosure is contemplated, the Court will supply previous notification to counsel for Jump so that counsel might be heard on any objections.” Source: CourtlistenerBefore Terras collapse, Jump Crypto played a significant role in the companys ecosystem, taking part in funding rounds apparently to develop a UST reserve.

Leave a Reply

Your email address will not be published. Required fields are marked *