Fracture Labs has accused Jump Trading of running a “pump and dump” scheme using its DIO gaming token. In a lawsuit filed in Illinois District Court on Oct. 15, Fracture Labs claims it entered into a deal with Jump in 2021 to facilitate an initial offering of its DIO token on the Huobi (now HTX) exchange. Fracture Labs said it lent Jump 10 million DIO and sent HTX 6 million tokens. The token’s price rose to $0.98, but Jump sold all of its holdings, dropping the price to $0.005. Fracture Labs alleges Jump breached the agreement and committed fraud. Share your thoughts in the comments.