Jump Trading is sued for the collapse of Terra Labs by Do Kwon.

A $4 Billion Lawsuit Filed Against Jump Trading

Terraform Labs bankruptcy administrator Todd Snyder has filed a $4 billion compensation lawsuit against Jump Trading, claiming that the company profited from a $40 billion collapse and contributed to this collapse.

The Terraform Labs under management experienced a significant market crash in 2022 when the stablecoin TerraUSD lost its dollar peg, resulting in the demise of its sister token Luna.