Terraform Labs Lawsuit: Jump Trading Faces $4B Case over Market Manipulation

While the crypto market has yet to fully recover from the $40 billion collapse of Terraform Labs in 2022, the case now takes a new turn with a $4 billion lawsuit. In the latest development, the court-appointed administrator of the Terraform Labs lawsuit has filed a case against Jump Trading. The case alleges that the platform engaged in market manipulation and “actively exploded” the Terraform ecosystem.