Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg

Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg

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.