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via CoinDesk · By CoinDesk Staff

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

Approved byMichael Roberts

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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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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