US Authorities Probe Jump Trading and Jane Street Conversations About TerraUSD Bailout

By CryptoNews - 1 year ago - Reading Time: 1 minutes

US Authorities Probe Jump Trading and Jane Street Conversations About TerraUSD Bailout

The US Justice Department has probed the two major trading firms Jump Trading and Jane Street about plans for a potential bailout of the Terra network’s failed algorithmic stablecoin TerraUSD (UST).
According to Bloomberg report from Monday, prosecutors are now looking into group chat conversations on Telegram with participants from Jane Street and Jump Trading. The conversations were reportedly about a potential bailout of TerraUSD....
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Original source: CryptoNews