Terraform Labs Sues Jump Trading for $4B Over Alleged $1B Profit from Terra Collapse
Terraform Labs is suing Jump Trading for $4B over alleged market manipulation and hidden deals tied to Terra’s downfall. Terraform Labs’ court-appointed administrator has sued Jump Trading for secretly supporting the TerraUSD stablecoin, misrepresenting its stability, and profiting from the ecosystem’s collapse. As a result, Todd Snyder is seeking $4 billion in damages from the...
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