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Terraform liquidator sues Jane Street, accusing it of trading using insider information
Deep Tide TechFlow News, February 24 — According to The Wall Street Journal, Todd Snyder, the court-appointed liquidation manager for Terraform Labs, has sued high-frequency trading giant Jane Street, accusing it of trading using insider information, illegally profiting, and ultimately accelerating the collapse of Do Kwon’s crypto empire.
The lawsuit names Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang as defendants, seeking damages. Previously, another trading firm, Jump, was also accused of involvement in the collapse of Terraform and Do Kwon’s crypto empire.