🚨 BIG UPDATE: Terra Collapse Lawsuit Targets Jane Street
In 2022, the collapse of Terra (LUNA) and TerraUSD (UST) erased ~$40B and triggered a brutal crypto winter.
Now in 2026, Terraform’s bankruptcy team has filed a lawsuit in Manhattan — accusing Jane Street of playing a key role.
Allegations from the filing:
• Terraform removes 150M UST liquidity from Curve
• Minutes later, Jane Street allegedly dumps 85M UST
• UST depegs
• LUNA hyperinflates
• Market collapses
The lawsuit claims:
– Jane Street avoided $200M+ losses
– Profited during the meltdown
– Had insider info via a private chat (“Br