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Jane Street Hit with Terra $40B Insider Trading Suit

Crypto’s most infamous collapse is back in the spotlight, and this time the blast radius reaches deep into Wall Street. A new lawsuit doesn’t just revisit the $40 billion Terra-Luna meltdown; it questions whether one of the world’s most sophisticated trading firms saw the collapse coming and moved first. If the allegations hold up in court, the narrative around Terra’s death spiral may shift from inevitable failure to something far more uncomfortable: informed players exiting while everyone else...

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