Jane Street Allegedly Profited $134M Shorting UST Using Terraform Insider Information

According to recently unsealed court documents, Jane Street obtained Terraform Labs insider information through a private Telegram group called "Bryce's Secret," then shorted UST during the TerraUSD collapse. Court filings allege the firm sold approximately $192 million worth of UST near its peg and profited roughly $134 million from the short positions as Terra's ecosystem shed around $40 billion in value.
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