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2025-12-21 22:26:49

Terraform Labs Administrator Sues Jump Trading for $4B Tied to Terra Meltdown

Jump Trading faces a $4 billion lawsuit accusing the firm of secretly manipulating the Terra ecosystem and profiting from the collapse that erased roughly $40 billion in investor value. As reported by the Wall Street Journal and Bloomberg, the lawsuit was filed Dec. 19, 2025, by the court-appointed plan administrator overseeing the wind-down of Terraform

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