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Jane Street Accused of Dumping $192M UST Before Terra Crash | CoinDesk Daily

Jane Street Accused of Dumping $192M UST Before Terra Crash | CoinDesk Daily

Published 2 weeks, 2 days ago
Description

Did Jane Street front-run the Terra collapse?

Newly unsealed court filings allege Jane Street used a private Telegram backchannel with Terraform Labs insiders to dump $192 million of UST before the stablecoin's 2022 collapse. The firm then allegedly made $134 million shorting Terra. Jane Street denies the claims. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

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