ChainCatcher news, the U.S. Securities and Exchange Commission (SEC) stated that Jump Trading subsidiary Tai Mo Shan Ltd. will pay $123 million to settle allegations of misleading investors by stabilizing the coin during the collapse of TerraUSD.The company, related to Jump's cryptocurrency division, made significant purchases during the collapse of TerraUSD to support the failed stablecoin's peg to $1, thereby deceiving the market. The SEC accused Tai Mo Shan of negligence, noting that it executed trades worth $20 million that created a false impression of TerraUSD's stability.The regulator also emphasized the company's role in underwriting TerraUSD's sister token Luna, claiming it was involved in the issuance of unregistered securities.

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) has charged Jump Trading's wholly-owned subsidiary Tai Mo Shan with misleading investors regarding the stability of Terra USD (UST), a so-called "algorithmic stablecoin" issued by Terraform Labs PTE Ltd. (Terraform).The Commission also accused Tai Mo Shan of acting as a statutory underwriter by issuing and selling securities in unregistered transactions, with LUNA being the cryptocurrency asset issued by Terraform, treated as securities for issuance and sale.As part of a settlement agreement, Tai Mo Shan agreed to pay $73,452,756 in illegal gains, $12,916,153 in pre-judgment interest, and $36,726,378 in civil penalties. Tai Mo Shan neither admits nor denies the findings of the SEC's investigation and agrees to cease violations of registration and fraud provisions.

ChainCatcher news, according to Bloomberg, video game developer FractureLabs has filed a lawsuit against the well-known cryptocurrency market maker Jump Trading in the federal court in Chicago, accusing it of fraud and deception by manipulating the price of the DIO token.It is reported that FractureLabs originally planned to launch the DIO token on the Huobi exchange (now renamed HTX) in 2021 to raise funds. The company hired Jump Trading as the market maker for DIO and lent 10 million tokens to its subsidiary, while sending 6 million tokens to HTX for sale.The lawsuit claims that Jump Trading systematically liquidated DIO positions, causing the token price to drop to about 0.5 cents, creating millions of dollars in profits for itself. Subsequently, Jump repurchased about $53,000 worth of tokens at a significant discount and returned them to FractureLabs, after which it terminated the market maker agreement.

ChainCatcher news, according to The Data Nerd monitoring, Jump Trading withdrew 18.98 million USDT from CEX 6 hours ago.Currently, stablecoins and ETH are the main components of Jump Trading's portfolio:USDT & USDC: $121 millionETH & stETH: $127 million

ChainCatcher news, according to the Web3 asset data platform RootData monitoring, at 18:54 Beijing time today, Jump Trading transferred 502.62 ETH to an unknown wallet, worth 1.2641 million USD.

According to ChainCatcher's message and monitoring by Arkham, the Jump Trading address currently holds crypto assets worth 328 million USD, with stablecoin positions accounting for 53%. Among them:USDT holding value: 92.43 million USDUSDC holding value: 83.52 million USDSTETH holding value: 72.55 million USDETH holding value: 68.38 million USD

ChainCatcher news, according to Lookonchain monitoring, Jump Trading has claimed 17,049 ETH from Lido, worth approximately 46.44 million USD, and has sold it. Currently, Jump Trading still holds 21,394 wstETH, worth approximately 68.58 million USD.

ChainCatcher message, according to OKLink monitoring, 34 minutes ago, Jump trading withdrew 1.46 million USDC from Binance, worth $1,468,055.

According to ChainCatcher news, data from Arkham shows that the Jump Trading address currently holds cryptocurrency assets worth $365 million, with stablecoin positions accounting for 70%. Among them:USDC holdings worth $164 millionUSDT holdings worth $92.09 millionWSTETH holdings worth $66.8 millionETH holdings worth $19.41 millionRETH holdings worth $9.52 million

ChainCatcher news, according to CoinDesk, Transform Ventures founder Michael Terpin stated that, as the Bank of Japan indicated it would not raise interest rates further and the selling pressure from Jump Trading gradually subsides, BTC is unlikely to fall below $50,000.Regardless of how the next 60 days unfold, the bull market will continue along the traditional four-year cycle line, achieving steady growth in October and November. If Donald Trump wins the U.S. presidential election in November, BTC could even rise above $100,000.

ChainCatcher news, according to Lookonchain monitoring, Jump Trading transferred ETH to Binance yesterday and then withdrew 32.6 million USDC from Binance, which may be transferred to Coinbase and converted to USD.

ChainCatcher news, according to Spotonchain monitoring, Jump Trading successfully received 11,501 ETH from Lido Finance and continued to exchange 16,210 WSTETH for 19,049 STETH in the past hour. Notably, the previously received 11,500 ETH from Lido has been transferred to their wallet starting with "0xf58," which is often used to deposit ETH into CEX.Currently, the Jump Trading wallet still holds 21,394 WSTETH (63.6 million USD) and 16,292 ETH (41.3 million USD), and 19,049 STETH is being redeemed from Lido.

According to ChainCatcher's message and on-chain analyst Yu Jin's monitoring, Jump Trading transferred 11,500 ETH to a selling address and continues to apply for the redemption of 19,049 stETH into ETH.The address responsible for unpacking the redeemed ETH transferred the 11,500 ETH (28.9 million USD) applied for redemption on August 4 to the address responsible for subsequently distributing the ETH to CEX.Continuing to transfer 16,210 wstETH (47.92 million USD) from the address holding wstETH to the address responsible for unpacking the redeemed ETH, and continuing to apply for redemption.The address holding wstETH still has 21,394 wstETH (63.33 million USD) awaiting subsequent redemption and transfer.

ChainCatcher news, according to Lookonchain monitoring, 11 hours ago, Jump Trading cashed out another $116.7 million.Since Jump Trading started selling ETH on July 24, it has withdrawn 611.78 million USDC from Binance and deposited 558.2 million USDC into Coinbase.The USDC deposited into Coinbase is likely to be converted to USD at a 1:1 ratio.

ChainCatcher news, according to Lookonchain monitoring, since July 24, Jump Trading has sold ETH and withdrawn 606 million USDC from Binance, depositing 440 million USDC into Coinbase. This USDC may be exchanged for dollars at a 1:1 ratio.