Jane Street Accused of $192M Telegram Insider Trading Scheme Ahead of Terra C...
Terraform Labs has accused one of Wall Street’s largest trading firms, Jane Street, of allegedly using a private Telegram group chat with insiders to dump its TerraUSD (UST) stablecoin holdings just hours before its collapse. Related Reading: Top Crypto Exchange Expands Into UK With New Local Platform Jane Street Used Terraform Group Chat For ‘Defi […]
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Jane Street, one of the world’s largest market-making firms, has come under growing scrutiny as a series of allegations have surfaced linking the company to major disruptions in the crypto market. The firm is already facing a federal lawsuit tied to the collapse of Terraform Labs, and now new claims circulating on social media suggest that Trump Media has accused Jane Street and other trading firms of “naked short selling” in a letter to Congress. Jane Street Rejects Terra Allegations The legal troubles began earlier this week. On February 23, a lawsuit was filed in the US District Court....
Nearly four years after one of crypto’s most destructive failures erased tens of billions of dollars in value, the collapse of Terraform Labs has returned to the courtroom. Related Reading: Strategy Makes 100th Bitcoin Purchase, Total Holdings Reach 717,722 BTC A new lawsuit filed in a U.S. federal court accuses trading giant Jane Street of […]
Bitcoin is once again at the center of attention as a fresh wave of on-chain activity brings one of the most closely watched trading firms back into focus. Recent data shows that Jane Street has resumed moving Bitcoin, drawing renewed attention at a time when scrutiny around its past actions has not fully subsided. On-Chain […]
Binance (BNB), the world’s largest cryptocurrency exchange, has initiated an investigation following allegations of insider trading involving one of its employees. Binance Uncovers Alleged Misuse Of Insider Information On December 7, Binance’s internal audit team received a report claiming that an employee had exploited insider information to make posts on official social media, thereby gaining […]
Market maker giant Jane Street is again drawing intense attention in crypto markets, with experts claiming the firm’s “next target” may now be Ethereum (ETH). The speculation comes after reports that Jane Street made several major adjustments to its positions during the week, following months of scrutiny tied to alleged trading manipulation connected to Bitcoin (BTC). From Bitcoin Retreat To Ethereum Expansion Jane Street, one of Wall Street’s most active proprietary trading firms, reportedly reduced multiple Bitcoin-linked holdings in the first quarter (Q1) of the year, while....