JUST IN: Newly unsealed court filings allege Jane Street used a private Telegram channel called "Bryce's Secret" to obtain insider information from Terraform Labs before dumping $192M of $UST near par, then made $134M shorting the token as Terra's $40B ecosystem collapsed.
Jane Street Accused Of Dumping UST Before Terra Collapse
Terraform Labs’ estate has accused Jane Street of using insider information from a private Telegram group before the Terra collapse.
Court filings allege the trading firm dumped roughly $192 million in UST before the stablecoin lost its peg.
The lawsuit claims Jane Street later made around $134 million betting against the Terra ecosystem as it unraveled.
$LUNC is still trading inside one of the largest long-term compression structures in crypto
After the collapse phase, price spent years building a flat accumulation base while volatility completely disappeared
That kind of structure usually matters because major expansions often begin after extreme periods of exhaustion and low participation
Now the chart is showing gradual recovery attempts with higher momentum waves starting to appear from the lows
The first important level sits near 0.000174 where previous rallies lost momentum
Above that, the next key zone is around 0.000278 which acted as a major rejection area during the last recovery phase
If price eventually breaks through both resistance levels, the final macro target near 0.000648 becomes the major historical zone to watch
Most traders only pay attention once volatility returns
But historically the strongest asymmetric setups are usually formed during the long silent accumulation phase before the crowd comes back
Jane Street made $134,000,000 by shorting $LUNA in 2022, while most people lost everything.
Also, Jane Street had a private Telegram channel for insider info, which they used to depeg UST in May 2022.
These guys should be jailed.
$LUNC remains one of the most watched recovery structures in crypto because the chart still reflects extreme historical volatility combined with long-term compression
After the collapse phase, price spent years stabilizing near the same accumulation region while participation slowly disappeared
Now the market is beginning to react again near levels that previously triggered aggressive momentum expansion
The three major macro zones on the chart are clear:
- $0.000174
- $0.000278
- $0.000648
These are not random targets
They are historical supply regions where volatility accelerated during earlier cycles
What makes this structure interesting is how long the market stayed inactive before showing signs of renewed expansion
The longer an asset compresses after a major capitulation event, the more violent the repricing phase can become once liquidity returns
Most people only notice these assets after the first large breakout candle
But historically the highest asymmetric opportunities appear while sentiment is still skeptical and price remains near long-term lows
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