⚖️ LEGAL BOMB: TERRAFORM LABS SUES JUMP TRADING FOR $4.000 MILLION! 💥🔥

The bankruptcy administrator of Terraform Labs, Todd Snyder, has launched an explosive lawsuit in an Illinois court against Jump Trading, its co-founder William DiSomma, and former president Kanav Kariya.

Serious accusations:

Secret pact to artificially maintain the peg of UST before its collapse in 2022.

Market manipulation, concealment of information, and illicit self-enrichment.

Jump allegedly made around $1.000 million selling LUNA while thousands of retail investors lost everything in the crash that evaporated $40.000 million.

What were rumors in the crypto community is now a formal lawsuit: Jump supposedly intervened to "save" UST in 2021 in exchange for LUNA at massive discounts, but concealed its role to maintain the illusion of algorithmic stability.

Snyder calls it clear: "Jump actively exploited the Terraform ecosystem through manipulation and self-deception, enriching the firm while devastating innocent investors".

Jump responds strongly: "A desperate attempt by Terraform to divert blame from Do Kwon's crimes". They promise to defend themselves vigorously.

This lawsuit seeks to recover value for creditors and set a precedent: Will high-frequency trading firms be held accountable for their role in DeFi crashes?

The post-Terra drama is still alive... Who will come out on top? 👀

#Terra #TerraformLabs #UST #JumpTrading #CryptoLawsuit $LUNA