Jane Street is being sued by Terraform liquidators, accused of accelerating the collapse through insider trading.

PANews reported on February 24th that, according to the Wall Street Journal, Todd Snyder, the bankruptcy court-appointed administrator responsible for liquidating Terraform Labs, founded by Do Kwon, has filed a lawsuit against market maker Jane Street, co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang. The lawsuit accuses Jane Street of using non-public information obtained from Terraform insiders to trade illegally and accelerate the collapse of the Terraform ecosystem. Snyder is seeking damages from the defendants.

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Author: PA一线

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