Jump Trading hit with $4B lawsuit tied to $50B Terra crash: WSJ
In recent developments, terraform Labs sued Jump Trading and senior executives for $4 billion, alleging the firm manipulated Terra’s ecosystem and unlawfully profited from the crash, the WSJ reported. Looking…
Morning Minute: Do Kwon Gets 15 Years for $40B Terra Luna Fraud
In recent developments, the sentencing brings a measure of justice, finally, for all of those impacted by the collapse of Terra and its UST stablecoin in 2022. Looking closer, market…
These Bleak Victim Letters Helped Seal Terra Founder Do Kwon’s Fate
In recent developments, the judge said the victim letters, which detailed the personal impact of the Terra collapse, were “impactful”—before sentencing Do Kwon to 15 years in prison. Looking closer,…
Terra’s Fallen Empire Flickers: LUNC and LUNA Rally Into Upgrade Week
In recent developments, while Terraform Labs founder Do Kwon is slated for sentencing later this week and the Terra Classic v2.18 upgrade heads down the runway, both luna classic (LUNC)…
Trump DOJ Wants Terra Founder Do Kwon Behind Bars for 12 Years, Citing SBF Se…
In recent developments, federal prosecutors reserved the right to pursue up to 12 years for Terra founder Do Kwon in an August plea deal. Now, they’re seeking that maximum. Looking…
Bitcoin’s Price Floor Gives Way as $78K Support Collapses
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