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via Decrypt · By Decrypt Editorial
Terraform Accuses Jane Street of Leveraging Secret Telegram Group
TON
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Decrypt Editorial(12:40 PM UTC)
1 min read
In brief
- Terraform Labs' administrator has alleged in an amended complaint that Jane Street used a secret Telegram chat to receive insider information from Terraform employees before Terra’s collapse.
- The complaint claims Jane Street dumped its entire $192 million TerraUSD position on May 7, 2022, hours before the stablecoin lost its peg.
- The alleged trades came ahead of the $40 billion Terra…
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