Jane Street asks court to reject Terraform claims tied to UST-LUNA crash

Jane Street asks court to reject Terraform claims tied to UST-LUNA crash

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailJane Street asks court to reject Terraform claims tied to UST-LUNA crashA filing Thursday said the lawsuit rehashes events already settled in court and seeks damages for losses caused by internal misconduct.By Helene Braun|Edited by Sheldon Reback Apr 24, 2026, 3:53 p.m. Make preferred on Terraform founder Do Kwon (Filip Filipovic/Getty Images)What to know: Jane Street asked a federal judge to dismiss Terraform Labs’ bankruptcy lawsuit, arguing it is an effort to shift blame for the 2022 collapse of the TerraUSD stablecoin and Luna token.The trading firm says Terraform’s fraud has already been adjudicated through criminal and civil cases against founder Do Kwon, who pleaded guilty to conspiracy and wire fraud and received a 15-year prison

Source: https://www.coindesk.com/policy/2026/04/24/jane-street-asks-court-to-reject-terraform-claims-tied-to-ust-luna-crash