By CryptoNews - 11 months ago - Reading Time: 1 minutes
Alleged TerraUSD Price Manipulation Results in $1.3B Lawsuit Against Jump Trading
Jump Trading has been sued for conspiring to manipulate the price of TerraUSD (UST) following the stablecoin’s unprecedented collapse.New Jersey-based resident Taewoo Kim has filed the lawsuit on behalf of affected investors, alleging that Jump Trading acquired substantial quantities of UST to manipulate its value toward $1, misleading investors about its true price and risks associated with the token....
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Original source: CryptoNews