LUNA EQUITY NEWS: ROSEN, A LEADING LAW FIRM, Encourages Terra Tokens Investors With Losses To… |

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NEW YORK, July 23. 10, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of buyers of Terra Tokens including UST, LUNA, KRT, ANC , WHALE, ASTRO, APOLLO, XDEFI, MINE, aUST, vUST, MIR, mirror assets (e.g. mBTC, mETH, mVIXY, mTSLA, etc.), liquidity pool tokens (e.g. UST-mVIXY-LP, bLUNA- LUNA-LP, XDEFI-UST-LP, etc.) and/or Bond Assets (e.g. bLUNA and bETH) (together the “Terra Tokens”), between May 20, 2021 and May 25, 2022, both dates inclusive ( the “Class Period”), against defendants TerraForm Labs Pte. Ltd (“TFL”), Jump Crypto, Jump Trading LLC, Republic Capital, Republic Maximal LLC, Tribe Capital, DeFinance Capital, DeFinance Technologies, GSR/GSR Market Limited, Three Arrows Capital Pte. Ltd, TFL Co-Founder and CEO Do Kwon and TFL Head of Research Nicholas Platias (Kwon and Platias together, the “Individual Defendants”). A class action lawsuit has already been filed. If you wish to serve as the lead plaintiff, you must move the Court no later than August 19, 2022.

AND SO: If you purchased Terra during the Class Period, you may be entitled to compensation without payment of any disbursements or fees through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Terra class action, go to https://rosenlegal.com/submit-form/?case—id=7750 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information. A class action lawsuit has already been filed. If you wish to act as a lead plaintiff, you must move the Court no later than August 19, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct litigation.

WHY ROSEN LAW: We encourage investors to select qualified lawyers with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, TFL and the individual defendants violated securities law provisions by selling non-exempt securities without registering it. The complaint alleges that TFL and the individual defendants also violated securities law provisions by participating in TFL’s failure to register the Terra tokens.

Also according to the lawsuit, the defendants violated the provisions of the Exchange Act by carrying out a plan, scheme and course of conduct that TFL intended to deceive retail investors and thereby cause them to purchase Terra tokens at artificially inflated prices; endorsed false statements that they knew, or recklessly should have known, to be materially misleading; and, made false statements of material facts and omitted to state material facts necessary to ensure that the statements made are not misleading.

The lawsuit further alleges non-title claims, such as that the defendants violated provisions of the Racketeer Influenced and Corrupt Organizations Act (“RICO”) by conducting the business of a company by through a pattern of racketeering activity, the California common law aiding and abetting and civil conspiracy claims, and that the defendants violated California common law provisions by possessing the monetary value of the Terra Tokens at a inflated value that rightfully belongs to the putative members of the group.

To join the Terra class action, go to https://rosenlegal.com/submit-form/?case—id=7750 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information.

No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent party member and do nothing at this point. An investor’s ability to participate in any potential future upturn does not depend on their status as lead plaintiff.

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Contact information:

Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, PA 275 Madison Avenue, 40th Floor New York, NY 10016 Tel. : (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] [email protected] .com [email protected] www.rosenlegal.com

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