Subject
Jane Street > Terra crypto ecosystem collapse
Quote from Video
The allegation is that Jane Street had insider information that made it possible for them to trigger a meltdown of the entire Terra ecosystem, taking $40 billion of value with them. The lawsuit's theory is that Bryce Pratt of Jane Street had back channel communication with Terraform insiders and they gave him advanced knowledge that Terraform was about to pull the $150 million.

“The allegation is that Jane Street had insider information that made it possible for them to trigger a meltdown of the entire Terra ecosystem, taking $40 billion of value with them. The lawsuit's theory is that Bryce Pratt of Jane Street had back channel communication with Terraform insiders and they gave him advanced knowledge that Terraform was about to pull the $150 million.”