๐ŸšจTrading jumps under fire ๐Ÿšจ

The bankruptcy director of Terraform Labs has filed a lawsuit for $4 billion against Jump Trading.

Jump Trading is one of the largest global market makers, providing liquidity across traditional and digital markets.

What is being claimed

โ€ข Secret agreements with Terraform Labs

โ€ข Jump helped stabilize the UST peg in 2021

โ€ข This created a false sense of stability

โ€ข Afterwards, Jump sold $LUNA for huge profits

โ€ข Billions were extracted while risks remained hidden

Why is this important?

- This case shifts blame away from the founders.

- Market makers are now under scrutiny.

If proven, this could change how liquidity providers operate in digital currencies.๐Ÿ‘€