[Hu Zhewen Sues Jump Trading and Zhang Yongfeng, Seeking at Least $500 Million in Damages] Hu Zhewen heavily invested during the ICO, algorithmic stablecoin, and AI token boom, previously achieving over 1,000x returns with an investment in Stratis. Between May 2021 and May 2022, Hu Zhewen invested approximately $80 million in purchasing TerraUSD and LUNA, with the portfolio's market value peaking at over $800 million before LUNA's price plummeted to nearly zero. Hu Zhewen has filed a lawsuit in Chicago, USA, against Jump Trading, its affiliated companies, and executives, seeking at least $500 million in damages. Additionally, Hu Zhewen invested $1 million in tokens issued by an institution founded by Zhang Yongfeng, which have dropped over 99.6% from their 2025 peak. Hu Zhewen has accused Zhang Yongfeng of securities fraud and other charges in court. (Source: Caixin)