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Jane Street, sued by TerraFormLabs Plan Manager, is alleged to have played a key role in the UST/LUNA crash.
They knew that Terra had withdrawn $150 million from Curve. Based on this information, they sold approximately $85 million worth of coins within minutes. This sale was the first and only major sale on record. Ultimately, it triggered the crash.
A critical lawsuit has been filed against Jane Street based on a transaction conducted using non-public information. Is Do Kwon actually a victim? Will what was done in the dark come to light? The outcome of the case will be critical.
#Terra #LUNA #LUNC #LatestMarketInsights $LUNC