Jane Street is being sued by Terraform liquidators, accused of accelerating the collapse through insider trading.
2026-02-24 08:26:34
On February 24th, CoinMeta reported that, according to the Wall Street Journal, Todd Snyder, the bankruptcy court-appointed administrator responsible for liquidating Terraform Labs, founded by Do Kwon, has filed a lawsuit against market maker Jane Street, co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang. The lawsuit accuses Jane Street of using non-public information obtained from Terraform insiders to trade illegally and accelerate the collapse of the Terraform ecosystem. Snyder is seeking damages from the defendants.
Source:Internet
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