Detailed view for this entity.
“However, 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. What the lawsuit explicitly alleges is that Jane Street used insider information to avoid more than $200 million in potential losses and to actually profit during the meltdown.”
“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.”