Home
News
Details

Terraform Labs' Liquidators Sue Jump Trading for $4B

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Terraform Labs' liquidators have sued Jump Trading, alleging the firm profited from the collapse of the 'crypto empire' and violated Countering the Financing of Terrorism laws. Plan administrator Todd Snyder is seeking $4 billion from Jump, co-founder William DiSomma, and crypto trading president Kanav Kariya. The case highlights tensions in liquidity and crypto markets amid ongoing regulatory scrutiny.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.