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Policy
Jane Street Seeks Dismissal of Terraform Lawsuit Tied to UST-LUNA Collapse
Jane Street has requested that a US court dismiss a lawsuit filed by the bankruptcy estate of Terraform Labs, arguing that the claims regarding the trading firm's involvement in the 2022 collapse of the TerraUSD stablecoin and its sister token Luna are unfounded. In filings submitted to the Southern District of New York, Jane Street and its employees asserted that the case is an attempt to deflec…
April 24, 2026, 3:53 p.m.
Policy
Jane Street Seeks Dismissal of Terraform Lawsuit Linked to UST-LUNA Collapse
Jane Street has petitioned a US court to dismiss a lawsuit filed by Terraform Labs' bankruptcy estate, contesting allegations that the trading firm contributed to the 2022 downfall of the TerraUSD stablecoin and its associated token, Luna. In filings submitted to the Southern District of New York, Jane Street and its employees argued that the lawsuit is a misguided attempt to transfer responsibil…
April 24, 2026, 3:53 p.m.
Policy
Jane Street Seeks Dismissal of Terraform Lawsuit Over UST-LUNA Collapse
Jane Street has filed a motion to dismiss a lawsuit brought by the bankruptcy estate of Terraform Labs, arguing that the claims it helped trigger the 2022 collapse of TerraUSD and Luna are unfounded. In a filing to the Southern District of New York, Jane Street and its employees stated that the case is an attempt to deflect responsibility for the failure of the Terra ecosystem, which wiped out ap…
April 24, 2026, 3:53 p.m.
Policy
Jane Street Seeks Dismissal of Terraform Lawsuit Over UST-LUNA Collapse
Jane Street has petitioned a US court to reject a lawsuit filed by the Terraform Labs bankruptcy estate, contesting claims that the trading firm played a role in the 2022 collapse of TerraUSD and Luna. In filings submitted to the Southern District of New York, Jane Street and its employees assert that the case is an attempt to deflect responsibility for the Terra ecosystem's failure, which result…
April 24, 2026, 3:53 p.m.
Policy
Jane Street Seeks Dismissal of Terraform Lawsuit Over UST-LUNA Collapse
Jane Street has filed a motion to dismiss a lawsuit brought by Terraform Labs' bankruptcy estate, which claims the trading firm contributed to the 2022 collapse of the TerraUSD stablecoin and its sister token Luna. In its filing, Jane Street contends that the lawsuit is an attempt to deflect responsibility for the Terra ecosystem's failure, which resulted in a $40 billion loss. The firm argues th…
April 24, 2026, 3:53 p.m.
Policy
Jane Street Seeks Dismissal of Terraform Lawsuit Over UST-LUNA Collapse
In a recent court filing, Jane Street has requested that a US court dismiss a lawsuit filed by the bankruptcy estate of Terraform Labs, which alleges that the trading firm contributed to the 2022 collapse of the TerraUSD stablecoin and its sister token, Luna. The lawsuit, submitted by Terraform administrator Todd Snyder in January, accuses Jane Street of using insider information to engage in tra…
April 24, 2026, 3:53 p.m.
Policy
Jane Street Seeks Dismissal of Terraform Lawsuit Over UST-LUNA Collapse
Jane Street has petitioned a US court to dismiss a lawsuit filed by the bankruptcy estate of Terraform Labs, contesting claims that the firm contributed to the 2022 downfall of the TerraUSD stablecoin and its associated Luna token. In filings submitted to the Southern District of New York, Jane Street and its employees contend that the lawsuit is a ploy to deflect blame for the Terra ecosystem's …
April 24, 2026, 3:53 p.m.
Policy
Jane Street Seeks Dismissal of Terraform Lawsuit Tied to UST-LUNA Collapse
Jane Street has petitioned a US court to dismiss a lawsuit filed by the Terraform Labs bankruptcy estate, refuting allegations that the trading firm contributed to the 2022 instability of the TerraUSD (UST) stablecoin and its associated token, Luna. In two filings submitted to the Southern District of New York, Jane Street and several of its employees contended that the lawsuit is a misguided att…
April 24, 2026, 3:53 p.m.
Policy
Jane Street Requests Court Dismissal of Terraform Claims Related to UST-LUNA Collapse
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April 24, 2026, 3:53 p.m.
Policy
Jane Street Seeks Dismissal of Terraform Lawsuit Related to UST-LUNA Collapse
Jane Street has petitioned a US court to dismiss a lawsuit filed by the bankrupt Terraform Labs, contesting allegations that the trading firm played a role in the 2022 collapse of TerraUSD and its associated token, Luna. In court filings submitted on Thursday, Jane Street and its employees argued that the lawsuit is an attempt to shift responsibility for the failure of the Terra ecosystem, which …
April 24, 2026, 3:53 p.m.