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Posted on • Originally published at mlxio.com

Telegram Chat Puts Jane Street's $134M Terra Profit in Court

A private Telegram chat anchors claims Jane Street dodged UST’s crash, then made $134M shorting Terra. The firm denies wrongdoing.

Key takeaways

  • Jane Street Group allegedly unloaded $192 million of TerraUSD (UST) before the stablecoin’s May 2022 collapse, then made about $134 million betting aga...
  • The claim comes from the administrator winding down Terraform Labs’ bankruptcy estate, which says a private Telegram channel called “Bryce’s Secret” gave Jane ...
  • A private Telegram channel named ‘Bryce’s Secret’ moves to the center
  • The amended complaint says Bryce Pratt, a former Terraform intern who later worked at Jane Street, kept a private Telegram backchannel with former Terraform collea...

👉 Read the full breakdown on MLXIO

Canonical source: https://mlxio.com/crypto/jane-street-terra-telegram

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