Terraform Labs Sues Jump Trading for $4B
Update: 2025-12-19
Description
Terraform Labs bankruptcy administrator sues Jump Trading for $4 billion, alleging illegal profiting and contributing to the $40 billion collapse. The lawsuit targets Jump Trading, its co-founder, and president, accusing them of manipulation and self-dealing. The Terraform Labs downfall in 2022, triggered by TerraUSDs value loss, wiped out investors savings and led to industry-wide failures.
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