Bearish
Jane Street Seeks Court Rejection of Terraform Claims Over UST-LUNA Collapse
24.04.2026 19:18
Jane Street, a major global trading firm, has formally requested a court to dismiss claims made by Terraform Labs related to the catastrophic collapse of the TerraUSD (UST) and LUNA tokens in 2022. The firm argues that the allegations are unfounded and seeks to avoid liability in the ongoing legal proceedings surrounding the $40 billion crypto crash. This move highlights the deepening legal battles as stakeholders attempt to assign responsibility for one of the most significant events in cryptocurrency history, involving tokens like UST and LUNA.
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