Svmuu News, newly unsealed court documents reveal that Wall Street quantitative trading giant Jane Street is accused of obtaining non-public information from Terraform Labs through a private Telegram group called "Bryce’s Secret" before the 2022 Terra collapse. The firm allegedly sold approximately $192 million in UST early while establishing short positions, profiting around $134 million as the Terra ecosystem's roughly $40 billion imploded. The complaint states that on May 7, 2022, just nine minutes after Terraform withdrew $150 million in liquidity from the Curve pool, Jane Street sold about $85 million in UST on Curve, and the wallets involved were subsequently suspected to be key addresses that triggered UST's de-pegging. Jane Street denied the allegations, calling the lawsuit "baseless" and vowing to vigorously defend itself. The lawsuit also names co-founder Robert Granieri and trader Michael Huang, accusing them of violating federal securities laws and the Commodity Exchange Act. (CoinDesk)