TERRAFORM LABS SUES JUMP TRADING FOR ALLEGED ROLE IN 2022 COLLAPSE
https://www.tradingview.com/x/5SLn8EPJ/
โ๏ธ Terraform Labs, a cryptocurrency company, is suing Jump Trading for $4 billion, alleging market manipulation and misuse of assets, following the collapse of its stablecoin, TerraUSD, and sister token, Luna.
๐ Terraform Labs is suing Jump Trading for $4 billion ๐ The lawsuit alleges market manipulation, self-dealing, and misuse of assets ๐ The collapse of TerraUSD and Luna wiped out approximately $40 billion in value ๐ Do Kwon, the founder of Terraform Labs, was sentenced to 15 years in prison ๐ Kwon faces additional charges in South Korea and may face a second trial
-- #DoKwon #SamBankman-Fried #SouthKorea #UnitedStates #technology
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