The liquidator of Terraform Labs accuses Jump Trading of causing Terraform's collapse and seeks $4 billion in compensation.

Techub News reported, according to The Wall Street Journal, that the administrator responsible for liquidating the remaining assets of Terraform Labs has sued Jump Trading, accusing it of illegal profiteering and causing the collapse of Terraform Labs. The plan administrator appointed by the bankruptcy court, Todd Snyder, is demanding $4 billion in compensation from Jump Trading, its co-founder William DiSomma, and Kanav Kariya, who started as an intern and later became the president of Jump's crypto trading business.