Terraform Labs Liquidator Sues Jump Trading for $4 Billion Over Alleged TerraUSD Peg Manipulation

The Terraform Labs liquidator lawsuit, filed against Jump Trading, seeks $4 billion in damages, alleging that the trading firm secretly supported TerraUSD's peg during the May 2021 stress events while misleading investors about the algorithmic stability of the stablecoin Key Insights Terraform Labs’ liquidator has filed a $4 billion lawsuit against Jump Trading. The case claims that Jump Trading secretly supported TerraUSD and later sold Luna for large profits. Courts continue to examine responsibility for the 2022 Terra collapse. Terraform Labs remains at the center of legal battles, even years after its collapse source: https://voiceofcrypto.online/crypto-news/terraform-labs-liquidator-sues-jump-trading-for-4-billion-over-alleged-terrausd-peg-manipulation