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Jump Trading faces $4B lawsuit over Terraform Labs collapse

The suit claims that secret deals were struck between the two firms that allowed Jump to profit billions of dollars from the collapse.

Terraform Labs founder Do Kwon beats extradition again

A Montenegro court has upheld an extradition appeal from Terraform Labs founder Do Kwon, vetoing a prior ruling it called “incomprehensible.”

Do Kwon’s appeal against his four-month prison sentence has been rejected, with a Montenegro High Court branding it “unfounded.”

Jump Crypto president Kanav Kariya pled the Fifth nine times during his recently unsealed deposition in the SEC’s case against Do Kwon.

The SEC’s case against Do Kwon may receive a summary judgement, as both parties have requested to forgo a trial.