$40B Crypto Crash: Jane Street Sued Over Terra Insider Trading

Crypto firm Terraform Labs’ wind-down administrator has sued Jane Street in Manhattan federal court, alleging the trading firm used material non-public information from Terraform insiders to trade around the May 2022 collapse of TerraUSD (UST) and Luna. The complaint was filed by Todd R. Snyder, the administrator overseeing recoveries tied to Terraform’s bankruptcy wind-down. It […]