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Jump Trading has been accused of illicit profiteering leading to the collapse of Terraform and is facing a $40 billion lawsuit.
BlockBeats News, December 19, according to The Wall Street Journal, the custodian responsible for managing the remaining assets of Terraform Labs, owned by Do Kwon, has sued Jump Trading, accusing it of illegal profiteering and facilitating the collapse of the cryptocurrency empire. The custodian is seeking $4 billion in damages from Jump Trading and its executives, William Disomma and Kanav Kariya.
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