Terraform Labs liquidation administrator files insider trading lawsuit against Jane Street before Terra-Luna crash

On Monday, Terraform Labs' liquidation administrator Todd Snyder filed a lawsuit against Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang, alleging insider trading before the 2022 Terra-Luna collapse. The complaint claims Jane Street used non-public information from former Terraform insiders and other firms, including Jump Trading, to profit from trades tied to TerraUSD and Luna.