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Jump Trading faces a $4 billion lawsuit accusing the firm of secretly manipulating the Terra ecosystem and profiting from the collapse that erased roughly $40 billion in investor value. As reported by the Wall Street Journal and Bloomberg, the... .
The bankruptcy estate of TerraformLabs is suing Chicago trading firm Jump, alleging it defrauded investors and hastened the downfall of the Terra blockchain ... .
The legal troubles surrounding the collapsed TerraformLabs persist despite the recent sentencing of its founder, Do Kwon, to 15 years in prison by US authorities ... Terraform Labs Files $4 Billion Lawsuit.
The administrator winding down what remains of Do Kwon’s TerraformLabs has sued Jump Trading, alleging that the high-speed trading giant unlawfully profited from and contributed to the crypto empire’s collapse https.//t.co/oPtzGFHNkJ.
The court-appointed administrator overseeing TerraformLabs’ liquidation has filed a sweeping lawsuit against Jump Trading. It accuses the firm and senior executives of playing a key role in the 2022 collapse of the Terra ecosystem.Visit Website ... .