Jane Street allegedly used insider info to profit from UST collapse
Jane Street is facing allegations of insider trading related to the collapse of the stablecoin TerraUSD. Court filings claim the firm sold $193 million in UST just before its de-peg and subsequently profited $134 million by shorting the token. These allegations are part of the ongoing bankruptcy case for Terraform Labs.
- ▪Jane Street allegedly sold $193 million worth of UST on May 7, 2022, before the stablecoin lost its dollar peg.
- ▪The firm reportedly made $134 million by shorting the token as the Terra ecosystem collapsed.
- ▪The allegations are based on court filings in the Terraform Labs bankruptcy case.
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Jane Street allegedly used insider info to profit from UST collapse Court filings claim the Wall Street trading giant sold $193 million in UST right before the stablecoin's de-peg, then made $134 million shorting the token into oblivion. Share Add us on Google by Editorial Team May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The collapse of TerraUSD in May 2022 was one of crypto’s most spectacular disasters, wiping out…
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