A court ruling has cleared the Terraform trust to rely on disputed documents as it pursues a legal case valued at more than $4 billion against trading firm Jump. The decision allows the trust to use the contested evidence in the proceedings, strengthening its litigation position. At the same time, the judge blocked four creditor claims that were filed after the deadline, narrowing the pool of parties seeking compensation. Despite the twin rulings, the broader question of how and when creditors will ultimately be repaid remains unresolved. The outcome underscores the continuing fallout from Terraform's collapse, which wiped out billions in value and triggered extensive litigation. The trust overseeing the estate's remaining assets is working through legal claims and recovery efforts, but affected parties still face uncertainty over the size and timing of any eventual payouts.
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