🚨New court filings in the Terra Luna Classic case allege that Jane Street used insider information from Terraform Labs employees before the $40B Terra-LUNA crash.
📉 Jane Street reportedly sold $192M worth of $UST
before the #stablecoin depeg
• The firm allegedly earned $134M by shorting Terra-related digital assets during the collapse
• Court documents reference a private Telegram group used to share non-public #cryptomarket information
• Terraform Labs administrators are pursuing claims tied to insider trading, fraud, and crypto market manipulation
Following the news, $LUNC and $USTC gained renewed attention across the crypto market.
#TerraLunaClassic #LUNC #USTC #Crypto #Blockchain #CryptoNews #Stablecoin #DigitalAssets #CryptoTrading #TerraformLabs
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