Description
Two class action law suits agaisnt Jump Capital is for its role in secretly manipulating the price of UST to keep it pegged at $1 before its collapse.
Legal Significance
The potential outcomes of this case may include monetary compensation to the class for market manipulation and fraudulent misrepresentation, as well as damages for failure to disclose critical information.
Status
Motion to Dismiss
Case No.
1:23-cv-02921
Date Filed
May 9, 2023
Plaintiff
Taewoo Kim
Defendant
Jump Trading LLCKanav Kariya
Court
USDC Northern District of Illinois Eastern Division
Plaintiff Counsel
Selendy Gay PLLCRobbins Geller Rudman & Dowd LLP
Defendant Counsel
Kobre & Kim LLPZuckerman Spaeder LLPCroke Fairchild Duarte & Beres
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