Jane Street enjoyed ‘impossible‘ insider advantage amid $40bn Terra collapse, lawsuit alleges

Another day, another insider trading allegation. On Tuesday, the administrator overseeing Terraform Labs’ winding down filed a lawsuit against the high-powered, high-frequency trading firm Jane Street, its co-founder Robert Granieri, and two employees named Michael Huang and Bryce Pratt. Todd Snyder, the administrator overseeing the disgraced crypto firm’s liquidation, alleged that Jane Street used material nonpublic information to profit from Terraform’s collapse. The heavily redacted lawsuit claims t ...