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Coinjurnal

Terraform Labs liquidator sues Jump Trading for $4B in damages

Terraform Lab's liquidator alleges Jump secretly propped up UST while misleading markets. Court filings claim Jump gained billions through discounted Luna deals and early exits. Jump denies wrongdoing as US courts revisit accountability beyond Do Kwon. Terraform Labs' bankruptcy estate has filed a sweeping lawsuit against market-making giant Jump Trading, accusing it and its executives [...]The post Terraform Labs liquidator sues Jump Trading for $4B in damages appeared first on CoinJournal.

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