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Terraform Liquidators Allege Jump Trading Helped Fuel Crypto’s Biggest Crash: Report
Yahoo Finance· 2025-12-19 04:53
The administrators winding down what is left of Do Kwon’s Terraform Labs have turned on one of crypto’s biggest trading shops, alleging Jump Trading profited from Terra’s surge and helped lay the groundwork for its collapse. Todd Snyder, the court-appointed plan administrator for the Terraform bankruptcy, filed a lawsuit in federal court in Illinois seeking $4B in damages from Jump Trading, co-founder William DiSomma, and former Jump Crypto president Kanav Kariya, the Wall Street Journal reported Thursday ...