Jane Street allegedly used insider info to profit from UST collapse
Jane Street is facing allegations of insider trading related to the collapse of TerraUSD. The lawsuit claims that the trading firm sold $192 million in UST just before its depeg and subsequently profited $134 million by shorting the token. These actions are said to have been facilitated by a private Telegram group involving Terraform insiders.
- ▪Jane Street allegedly sold approximately 193 million UST worth roughly $192 million on May 7, 2022.
- ▪The firm reportedly made $134 million by shorting UST after its value plummeted.
- ▪The lawsuit claims there was a cozy information pipeline between Terraform insiders and Jane Street traders.
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Jane Street allegedly used insider info to profit from UST collapse Terraform's bankruptcy trustee claims the quantitative trading giant dumped $192M in UST hours before the depeg, then made $134M shorting the token. Share Add us on Google by Editorial Team May. 21, 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 implosions, wiping out roughly $40B in value…
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