WLFI Backlash as 9 ‘Team Wallets’ Swing 59% Vote on USD1 Growth Proposal
WLFI’s USD1 growth proposal passed with 77.75% approval, but backlash ensues as 9 “team wallets” controlled 59% of the vote, raising centralization concerns.
WLFI’s USD1 growth proposal passed with 77.75% approval, but backlash ensues as 9 “team wallets” controlled 59% of the vote, raising centralization concerns.
Terraform Bankruptcy Admin sues Jump Trading for $4 billion in damages over TerraUSD collapse, alleging unlawful profiting and market manipulation.
Terraform Labs has sued Jump Trading for $4 billion, alleging the firm manipulated Terra’s ecosystem and profited from the $50 billion crash. The lawsuit highlights concerns over market manipulation in the crypto space.
Terraform Labs’ administrator files a $4 billion lawsuit against Jump Trading, accusing the firm of secretly manipulating prices and contributing to Terraform’s collapse.
Terraform liquidators sue Jump Trading for $4 billion, alleging market manipulation and exploitation of Terra’s vulnerabilities contributed to the collapse of its ecosystem.
Jump Trading’s receipt of 250M WLFI tokens could reshape market dynamics and enhance liquidity for the token.