Poker Pro Hu Zhewen Sues Jump Trading and Professor Zhang Yongfeng After Crypto Losses

Professional poker player and crypto investor Hu Zhewen (胡哲文) has filed lawsuits against Jump Trading and Rutgers University associate professor Zhang Yongfeng (张永锋) following significant investment losses. Hu claims he lost nearly 800 million dollars in value after his positions in TerraUSD (UST) and LUNA collapsed. Additionally, Hu alleges securities fraud against Zhang regarding a token project that has declined over 99.6% from its 2025 peak. Hu is seeking at least 500 million dollars in damages from Jump Trading.