Terraform Labs just sued Jane Street for insider trading in the $40B Terra-Luna crash.
A former intern allegedly created a secret chat to leak info to Jane Street. Minutes after Terraform withdrew $150M UST from Curve. A Jane Street wallet pulled $85M before it went public. Jane Street denies everything. Do Kwon is serving 15 years. They escaped safely. Retail lost everything. This case could redefine crypto insider trading laws.
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Terraform Labs just sued Jane Street for insider trading in the $40B Terra-Luna crash.
A former intern allegedly created a secret chat to leak info to Jane Street.
Minutes after Terraform withdrew $150M UST from Curve. A Jane Street wallet pulled $85M before it went public.
Jane Street denies everything. Do Kwon is serving 15 years.
They escaped safely. Retail lost everything.
This case could redefine crypto insider trading laws.