🚨 BREAKING: The Terraform Labs estate has filed a multi-billion-dollar lawsuit against Jump Trading, seeking more than $4 billion in damages. $LUNA2

The complaint claims that Jump Trading and senior executives William DiSomma and Kanav Kariya generated billions in profits while playing a direct role in the 2022 collapse of Do Kwon’s crypto ecosystem. $USTC

Market observers say this legal escalation deals a serious reputational hit to Jump, shedding new light on alleged aggressive market-making practices and behind-the-scenes arrangements that may have fueled the de-pegging spiral and the $40 billion crypto market wipeout. $BTC

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