Jump Trading Beats Crypto Class Action Over Terra Collapse

By Aislinn Keely ( January 21, 2026, 8:26 PM EST) — Brokerage firm Jump Trading and its crypto arm beat back claims that they failed to honor their market-making duties when certain holders of TerraUSD sought to sell their tokens during the algorithmic stablecoin’s collapse, as a California magistrate judge found the holders have not tied the market maker to the state….

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