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The liquidating trust for Terraform Labs sued Jane Street for insider trading, alleging the firm used non-public information to profit and hasten the 2022 collapse of the Terra/Luna ecosystem.
www.bloomberg.com/news/articles/2026-02-24/jane-street-sued-for-insider-trading-by-terraform-administratorJane Street sued two of its former traders and their new employer, Millennium Management, alleging the theft of a 'highly valuable and secretive' trading strategy.
Jane Street, a global proprietary trading firm and market maker, was founded.