This case alleges that TerraForm induced 3AC to purchase Luna and TerraUSD by manipulating the market for these tokens “in a manner that artificially inflated the price for the assets” before they were wiped-out, the liquidators said in court papers, as per Bloomberg.
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Amitoj Singh
https://www.coindesk.com/policy/2024/08/13/three-arrows-capital-liquidators-now-sue-terraform-labs-for-13b-bloomberg/
2024-08-13 07:06:00