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Kim v. Jump Trading, LLC et al
Case Number:
1:23-cv-02921
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June 07, 2024
Terraform Funder Must Face Class Claims In Illinois
Terraform Labs' financial backer Jump Trading LLC cannot consolidate a pair of proposed class actions accusing it of propping up the failing crypto platform, with a federal judge ruling that purchasers of a massively devalued crypto token can keep their lawsuit against the high-speed trading firm in Illinois.
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June 12, 2023
Jump Trading Wants Terraform Token Suit Moved To Calif.
High-speed trading firm Jump Trading has urged an Illinois federal judge to move a class action accusing it of manipulating the prices of stable-value tokens issued by now-disgraced developer Terraform Labs from Illinois to California, arguing that the suit is a "belated attempt at forum shopping."
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May 15, 2023
SEC Hints At Terraform's 'Confidential' Jump Trading Pact
New filings from the U.S. Securities and Exchange Commission indicate that high-speed trading firm Jump Trading entered into a secret agreement to prop up the stable-value tokens issued by now-disgraced developer Terraform Labs roughly a year before the project's catastrophic collapse.