🇺🇸 The judicial administrator in charge of the liquidation of Terraform Labs has filed a lawsuit in the U.S. federal court in New York against Jane Street.
He accuses the company of using non-public privileged information to anticipate market movements and profit from the collapse of Terra.
According to the complaint, on May 7, 2022, shortly after Terraform withdrew 150 million TerraUSD from the Curve pool ( operation that was not made public ), wallets linked to Jane Street withdrew approximately 85 million UST from the same pool in just a few minutes.
#btc #eth
He accuses the company of using non-public privileged information to anticipate market movements and profit from the collapse of Terra.
According to the complaint, on May 7, 2022, shortly after Terraform withdrew 150 million TerraUSD from the Curve pool ( operation that was not made public ), wallets linked to Jane Street withdrew approximately 85 million UST from the same pool in just a few minutes.
#btc #eth
