🚨This could be the largest insider trading scandal in crypto history.$LUNC
Jane Street made $134 million by shorting Luna and UST right before the Terra collapse.
Newly unsealed court filings reveal that Jane Street did not just use their insider information to close their UST position but they also used that information to short Luna and cash out $134 million as the entire Terra ecosystem collapsed.
The insider access came through a private Telegram channel called "Bryce's Secret," run by Bryce Pratt, a former Terraform intern who moved to Jane Street.
Their largest single trade was an $85 million UST sale on Curve Finance executed just 9 minutes after Terraform quietly withdrew $150 million from the same pool with no public announcement.
After being identified by on chain analysts, internal communications show traders discussing how to "decommission" their wallets.
Five days after UST hit zero, Jane Street offered Terraform's head of research a job and he started two weeks later
$LUNC ist wieder über $0.00008 gestiegen. LUNC hat an diesen Levels an Stärke gewonnen. Eine neue Aufwärtsbewegung könnte bald beginnen. Die Arbeit am Marktmodul 2 geht weiter. Positive Entwicklungen im Zusammenhang mit Marktmodul 2 könnten einen signifikanten Anstieg von LUNC auslösen.
$LUNC why people buying this Scam coin . if you have Extra many Tip me 119$ To 0.0000044 that time Luna supply only 345 million and now in trillion Why why why Foolish people never learn
⚖️JUST IN: New court filings allege Jane Street used a secret Telegram channel to receive insider information from Terraform Labs.$LUNC
The lawsuit says this helped the firm sell its entire $192M UST position before the stablecoin crashed, then make around $134M betting against Terra as its $40B ecosystem collapsed.
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Das Büro des Planadministrators von Terraform Labs hat Klage gegen Jane Street eingereicht und wirft ihnen Insiderhandel, Marktmanipulation und irreführende Handelspraktiken vor, die zum Zusammenbruch von Terraform Labs im Mai 2022 beigetragen haben. $LUNC
Die Beschwerde beschreibt, wie Jane Street angeblich auf wesentlichen nicht-öffentlichen Informationen gehandelt hat, einen konzentrierten Verkauf von $85M UST nur Minuten nach einem vertraulichen Liquiditätsabzug ausgeführt hat und erhebliche Verluste vermieden hat, während Investoren Milliarden an Schäden erlitten haben.
Diese Klage zielt darauf ab, Werte für Gläubiger zurückzugewinnen und Jane Street zur Verantwortung zu ziehen, weil sie das Ökosystem während eines der folgenreichsten Ereignisse in der Krypto-Geschichte ausgenutzt hat.
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