Jump Crypto Holdings, the crypto arm of Jump Trading, has provided materials to the United States Securities and Exchange Commission (SEC) in the Terraform Labs case. The materials were approved for confidential treatment by Judge Jed Rakoff in a filing on Nov. 28. Jump Crypto Holdings was reportedly under scrutiny by the SEC for its involvement in the events leading to the depegging of TerraUSD (UST) and the downfall of Terra. Before Terra's collapse, Jump Crypto played a significant role in the firm's ecosystem, participating in funding rounds supposedly to establish a UST reserve.