Do Kwon’s TerraUSD SEC Case Might Hinge on Position of Market Maker Leap Buying and selling, Court docket Docs Present

by Jeremy

Leap’s involvement might matter because of an incident a 12 months earlier, through which UST briefly misplaced its peg to the greenback. Whereas Kwon advised buyers the coin maintained its $1 worth due to its automated algorithm, SEC specialists say that it was, quite, because of Leap intervening out there at Terraform’s behest.

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