🚨 BIG UPDATE: Terra Collapse Lawsuit Targets Jane Street
In 2022, the collapse of Terra (LUNA) and TerraUSD (UST) erased ~$40B and triggered a brutal crypto winter. Now in 2026, Terraform’s bankruptcy team has filed a lawsuit in Manhattan — accusing Jane Street of playing a key role. Allegations from the filing: • Terraform removes 150M UST liquidity from Curve • Minutes later, Jane Street allegedly dumps 85M UST • UST depegs • LUNA hyperinflates • Market collapses The lawsuit claims: – Jane Street avoided $200M+ losses – Profited during the meltdown – Had insider info via a private chat (“Bryce’s Secret”) Jane Street denies everything, calling it “baseless.” If proven true, this changes the narrative of the 2022 crash completely. Now the real question: Was Terra just bad design… or was it accelerated? And if this happened once — could it happen again?
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🚨 BIG UPDATE: Terra Collapse Lawsuit Targets Jane Street
In 2022, the collapse of Terra (LUNA) and TerraUSD (UST) erased ~$40B and triggered a brutal crypto winter.
Now in 2026, Terraform’s bankruptcy team has filed a lawsuit in Manhattan — accusing Jane Street of playing a key role.
Allegations from the filing:
• Terraform removes 150M UST liquidity from Curve
• Minutes later, Jane Street allegedly dumps 85M UST
• UST depegs
• LUNA hyperinflates
• Market collapses
The lawsuit claims:
– Jane Street avoided $200M+ losses
– Profited during the meltdown
– Had insider info via a private chat (“Bryce’s Secret”)
Jane Street denies everything, calling it “baseless.”
If proven true, this changes the narrative of the 2022 crash completely.
Now the real question:
Was Terra just bad design… or was it accelerated?
And if this happened once — could it happen again?