A lawsuit against one of crypto's major trading firms seeks $4 billion in damages, alleging the firm profited substantially while contributing to the demise of a collapsed crypto ecosystem in 2022. According to court filings, the plaintiff claims the trading entity bore responsibility for the failure that shook the industry, amassing billions in gains through the process. The case centers on the firm's trading activities and market actions during the tumultuous period leading up to the collapse.
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A lawsuit against one of crypto's major trading firms seeks $4 billion in damages, alleging the firm profited substantially while contributing to the demise of a collapsed crypto ecosystem in 2022. According to court filings, the plaintiff claims the trading entity bore responsibility for the failure that shook the industry, amassing billions in gains through the process. The case centers on the firm's trading activities and market actions during the tumultuous period leading up to the collapse.