Jump Trading is accused of unjust enrichment of nearly $1.3 billion
A class action lawsuit was filed against Jump Trading. The victims accuse the company of having ties to the collapsed Terra-Luna project, pumping UST liquidity and unjust enrichment to the tune of $1.28 billion.
The suit says that for "bailing out UST," the firm was allowed to buy back a significant amount of LUNA at a 99.9 percent discount. The crypto-assets were then sold, generating $1.28 billion in revenue for the
