The US Securities and Exchange Commission (SEC) faces an Aug. 20 deadline to submit a plan for distributing a $123.1 million fund paid by Jump Crypto subsidiary Tai Mo Shan to investors harmed by Terra's 2022 collapse.
The proposal is expected to address several key aspects of the distribution process.
- Who qualifies for compensation
- How losses will be calculated
- Whether investors must submit claims
- How eventual payments will be made




