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Terraform Labs Liquidators Sue Jump Trading for $4B, Clarity Act to Be Reviewed in January

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Terraform Labs' liquidators sued Jump Trading for $4 billion, citing a 2022 deal to prop up TerraUSD. The U.S. Senate will review the Clarity Act in January, amid ongoing discussions on EU Markets in Crypto-Assets Regulation. Michael Selig was confirmed as CFTC chair, with a focus on Countering the Financing of Terrorism. Ark Invest added $4.2 million in Coinbase stock. Ethereum developers set the next upgrade as 'Hegota,' with final details in February.
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