Telegram group at center of Jane Street insider-trading allegations in Terra collapse

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CoinDesk Staff

(11:36 AM UTC)

1 min read

Newly unsealed filings detail a private chat dubbed ‘Bryce’s Secret’ that Terraform’s estate says gave Jane Street an informational edge before UST’s collapse.

Jane Street Group, one of Wall Street’s largest trading firms, allegedly used a private Telegram backchannel with Terraform Labs insiders to dump $192 million of the doomed TerraUSD (UST) stablecoin before its collapse in May 2022…

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