Terraform wind down trust sues Jump Trading in $4bn case

Terraform faces a new legal fight as its wind-down administrator targets Jump Trading with a $4 billion claim tied to the 2022 collapse of the Terra blockchain. Todd Snyder, confirmed in September 2024 to lead the Terraform Labs Wind Down…

SEC Requests Judge Jed Rakoff’s Ruling on Terraform’s Alleged Unregistered Securities Offering

In the ongoing legal proceedings between the Securities and Exchange Commission (SEC) and Terraform Labs, the SEC has filed a request for Judge Jed Rakoff to determine if Terraform offered and sold unregistered securities. This article provides a detailed analysis…