CryptoWorld News reports, citing a Bloomberg report, that Jane Street has applied to the court to dismiss a lawsuit accusing it of insider trading before the Terraform crash. The company denies the allegations of insider trading and market manipulation, and says the lawsuit is trying to shift the losses resulting from Terraform’s own fraudulent conduct onto it. The company said the plaintiff failed to prove that it possessed or used non-public information, and that the relevant trades were based on public signals known to the market.

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