Market maker Jump Trading responded to a $4 billion lawsuit filed by Terraform Labs' liquidation team, calling the suit an attempt by Terraform to "shirk responsibility." Jump stated that Terraform is attempting to shift the blame for its $4.4 billion penalty from the US SEC due to the UST collapse to market makers. Terraform's liquidation team had previously accused Jump of manipulating the market and misleading investors by making large token purchases during the 2021 UST depegging incident. (DL News)

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