{"id":73722,"date":"2026-02-24T12:46:34","date_gmt":"2026-02-24T12:46:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=73722"},"modified":"2026-02-24T12:46:34","modified_gmt":"2026-02-24T12:46:34","slug":"remember-the-luna-collapse-in-2022-it-just-triggered-a-new-lawsuit","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=73722","title":{"rendered":"Remember The Luna Collapse In 2022? It Just Triggered A New Lawsuit"},"content":{"rendered":"<div>\n<p>Terraform Labs\u2019 bankruptcy administrator on Monday sued market making firm <strong>Jane Street<\/strong> for alleged insider trading during the 2022 Terra-Luna collapse, claiming the firm used a private group chat titled \u201cBryce\u2019s Secret\u201d to obtain non-public information and front-run the $40 billion implosion.<\/p>\n<h3 class=\"wp-block-heading\">The 10-Minute Window<\/h3>\n<p>The lawsuit centers on May 7, 2022, when Terraform quietly withdrew 150 million TerraUSD from Curve\u2019s 3pool without announcing it, the Wall Street Journal <a href=\"https:\/\/www.wsj.com\/finance\/currencies\/jane-street-accused-of-insider-trading-that-helped-collapse-terraform-659e6993\">reported<\/a> on Monday.<\/p>\n<p>Less than 10 minutes later, a wallet allegedly linked to Jane Street withdrew 85 million TerraUSD from the same pool\u2014at the time, the largest transaction ever recorded there.<\/p>\n<p>The combined removal of 235 million UST severely destabilized liquidity. TerraUSD slipped below its $1 peg and panic spread.\u00a0<\/p>\n<p>Administrator <strong>Todd Snyder<\/strong> claims Jane Street front-ran the developing crisis, allowing it to liquidate hundreds of millions in high-risk positions before the broader market reacted.<\/p>\n<p>The firm\u2019s actions both shielded it from catastrophic losses and accelerated the collapse, according &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/02\/50810388\/remember-the-luna-collapse-in-2022-it-just-triggered-a-new-lawsuit?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Remember\" the luna collapse in it just triggered a new lawsuit>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Terraform Labs\u2019 bankruptcy administrator on Monday sued market making firm Jane Street for alleged insider trading during the 2022 Terra-Luna collapse, claiming the firm used a private group chat titled \u201cBryce\u2019s Secret\u201d to obtain non-public information and front-run the $40 billion implosion. The 10-Minute Window The lawsuit centers on May 7, 2022, when Terraform quietly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-73722","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/73722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73722"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/73722\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}