Jane Street Accused of Using Terra Telegram Channel Before UST Crash

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Cointelegraph Staff

(12:38 PM UTC)

1 min read

A newly unsealed court filing in the Terraform Labs bankruptcy case alleges Jane Street used a private Telegram channel with former Terraform intern Bryce Pratt to obtain nonpublic information before the collapse of TerraUSD. Pratt is currently a systems developer at Jane Street.

The channel, called “Bryce’s Secret,” allegedly gave the quantitative trading firm a backchannel to Terraform…

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