Terraform Plan Administrator Allowed to Use Jump Trading Documents in $4 Billion Lawsuit

A bankruptcy judge has allowed Terraform’s Plan Administrator to use documents from Jump Trading in litigation seeking at least $4 billion, while also rejecting four late-filed crypto-loss claims in a separate order. According to NS3.AI, U.S. Bankruptcy Judge Brendan L. Shannon issued the rulings as part of proceedings tied to Terraform. The court’s decision permits the Plan Administrator to rely on Jump Trading-related materials in the lawsuit, but it does not determine whether Jump owes any money or the amount, if any, that creditors might ultimately receive. In a separate order, the judge rejected four crypto-loss claims that were filed after the deadline. The rulings address procedural issues in the case rather than resolving the underlying liability or creditor recovery amounts.