Former Jump Trading Employee Files SEC Complaint Alleging Collusion with Terraform Labs
• Former Jump Trading employee alleges company colluded with Terraform Labs to prop up failing UST stablecoin • Testifies Jump Crypto traded aggressively to accumulate UST after assurances from Terra's Do Kwon • Claims Jump Trading made $1 billion profit from relationship with Terra before UST de-pegging • Filed SEC whistleblower complaint detailing Jump's alleged role in UST price manipulation • Motivation is to seek justice and restitution for victims of UST collapse