Terraform Bankruptcy Admin Sues Jump Trading for $4B Over TerraUSD Collapse: Report
Terraform Bankruptcy Admin sues Jump Trading for $4 billion in damages over TerraUSD collapse, alleging unlawful profiting and market manipulation.
TerraUSD
Jump Trading hit with $4B lawsuit tied to $50B Terra crash: WSJ
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.
Do Kwon Could Face Second Trial in Korea After 15-Year US Sentence
Do Kwon, co-founder of Terraform Labs, faces a potential second trial in Korea after receiving a 15-year US sentence for the TerraUSD collapse, with South Korean prosecutors seeking over 30 years for affecting 200,000 local investors.
Do Kwon sentenced to 15 years in prison after $50B Terra collapse
Do Kwon’s sentencing after the Terra collapse highlights the need for regulatory oversight in the crypto market.
U.S. prosecutors seek 12-year sentence for Do-hyung over “colossal” TerraUSD fraud
U.S. prosecutors seek a 12-year sentence for Do-hyung, highlighting the risks and regulatory scrutiny in the crypto market.