Terraform Labs’ bankruptcy administrator on Monday sued market making firm Jane Street for alleged insider trading during the 2022 Terra-Luna collapse, claiming the firm used a private group chat titled “Bryce’s Secret” to obtain non-public information and front-run the $40 billion implosion. The 10-Minute Window The lawsuit centers on May 7, 2022, when Terraform quietly withdrew 150 million TerraUSD from Curve’s 3pool without announcing it, the Wall Street Journal reported on Monday.
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