Kim v. Jump Trading, LLC et al

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Case overview

Case Number:

1:23-cv-02921

See also:

Court:

Illinois Northern

Nature of Suit:

850 Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Honorable Nancy L. Maldonado

Firms

Companies

Sectors & Industries:

  1. 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.

  2. 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."

  3. 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.

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