Jane Street asks US court to toss Terraform’s insider trading suit

Jane Street asks US court to toss Terraform’s insider trading suit

0.77%TRX$0.3278 0.16%BCH$456.47 0.27%DOGE$0.09715 1.55%XLM$0.1747 0.81%ETH$2,310 0.28%BNB$633.93 0.15%SOL$85.46 0.08%HYPE$40.73 0.29%XMR$377.28 0.64%XRP$1.42 0.76%ADA$0.2486 1.03%BTC$77,541 0.16%Written byJesse Coghlan,Staff EditorReviewed byFelix Ng,Staff EditorJane Street seeks dismissal of Terraform’s insider trading suitLatest NewsPublishedApr 24, 2026Jane Street has filed to dismiss Terraform’s insider trading suit, arguing the reasons for Terra’s collapse have already been litigated. Trading firm Jane Street has asked a US court to toss a lawsuit brought by the administrator of the bankrupt Terraform Labs, accusing the company of insider trading that worsened the collapse of the Terra ecosystem. In a motion to dismiss filed in a Manhattan federal court on Thursday, Jane Street argued Terraform’s suit was an attempt “to extract cash from Jane Street to foot the bill for a fraud that

Source: https://cointelegraph.com/news/jane-street-seeks-dismissal-of-terraforms-insider-trading-suit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound