Tag: Crypto

$40B Crypto Crash: Jane Street Sued Over Terra Insider Trading

Crypto firm Terraform Labs’ wind-down administrator has sued Jane Street in Manhattan federal court, alleging the trading firm used material non-public information from Terraform insiders to trade around the May 2022 collapse of TerraUSD (UST) and Luna. The complaint was filed by Todd R. Snyder, the administrator overseeing recoveries...
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ASTER holds range as traders position for March mainnet launch

ASTER traded flat into mid-February as traders priced in March mainnet launch. ASTER token consolidated through mid-February as market participants positioned ahead of the project’s scheduled March mainnet launch, according to trader analysis and project roadmap data. Trader Don Wedge…...
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Terraform Labs Has Sued Jane Street for Insider Trading Before Terra Collapse

The Luna drama just added a new chapter: Terraform Labs’ liquidation administrator has officially sued prominent trading firm Jane Street, accusing it of insider trading that accelerated the catastrophic Terra collapse. Filed within the bankruptcy proceedings, the lawsuit alleges Jane Street used non-public information to front-run the market, profiting...
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