Jane Street Sued for Crypto Insider Trading Linked to Terraform Collapse

Investment firm Jane Street is facing a lawsuit alleging crypto insider trading that contributed to the collapse of Terraform.

24 Feb, 01:57 — 24 Feb, 03:49

Moderate (27/100)

2 sourcesNarrow spread1 region

Post Share

Why this matters

The collapse of Terraform, including its Luna token and UST stablecoin, was a significant event in the crypto market, leading to billions in losses and widespread contagion. Allegations of insider trading against a major financial firm like Jane Street highlight potential market manipulation and regulatory failures within the crypto space, underscoring the need for greater transparency and oversight.

ℹAll sources from US region

ℹOnly 2 sources cover this story

Perspective Analysis

AI-generated comparison of how 2 sources cover this story

Both outlets report that Jane Street has been sued for crypto insider trading related to the Terraform collapse, with Zerohedge additionally claiming the trading "accelerated" the collapse. Coverage is largely aligned on the core event but diverges on the alleged impact and broader market context.

Coverage matrix

	bloomberg	zerohedge
The identity of the plaintiff in the lawsuit
A broader critique of market rigging and manipulation

Covered Divergent Not mentioned

What sources agree on

Jane Street is being sued.
The lawsuit concerns crypto insider trading.
The insider trading is linked to the Terraform collapse.

Where they diverge

the alleged impact of the insider trading on the Terraform collapse

zerohedge

The insider trading "accelerated Terraform Collapse".

bloomberg

The lawsuit is for insider trading, without specifying its impact on the collapse's speed.

Key claims1 agreed · 2 unverified

✓

Jane Street is sued for crypto insider trading.

agreed·zerohedgebloomberg

The insider trading accelerated the Terraform collapse.

unverified·zerohedge

The lawsuit was filed by the Terraform Administrator.

unverified·bloomberg

Coverage gaps

The identity of the plaintiff in the lawsuit

Reportedbloomberg

Missingzerohedge

A broader critique of market rigging and manipulation

Reportedzerohedge

Missingbloomberg

Perspective Analysis

Comparing sources…

How outlets covered this

Left-leaning

No articles

Center

bloomberg

Jane Street Sued for Insider Trading by Terraform Administrator - Bloomberg.com

Right-leaning

zerohedge

Jane Street Sued For Crypto Insider Trading That Accelerated Terraform Collapse

Key entities

Jane Streetdefendant in the lawsuit Terraformcrypto project linked to the collapse Terraform Administratorplaintiff in the lawsuit

Coverage Timeline

First report: bloomberg · 24 Feb, 01:57|Full coverage: All 2 sources within 2h|Window: 2h

Left-leaningCenterRight-leaning

bloomberg24 Feb, 01:57First to report

Jane Street Sued for Insider Trading by Terraform Administrator - Bloomberg.com

2h later

zerohedge24 Feb, 03:49Latest update

Jane Street Sued For Crypto Insider Trading That Accelerated Terraform Collapse

Read at source (2 outlets)

zerohedge19h ago

Jane Street Sued For Crypto Insider Trading That Accelerated Terraform Collapse

Jane Street Sued For Crypto Insider Trading That Accelerated Terraform Collapse For years - literally - we have been pounding the table and pointing out market rigging and manipulation irregularities in the crypto markets which, for reasons of our own, we attributed to one of the world's foremost HFT shops and most profitable "market makers" in the world (if not India), Jane Street. Below is an example from 2023, and here are hundreds of others... Jane Street is going to frontru...

By Tyler Durden

Read full article →

bloomberg21h ago

Jane Street Sued for Insider Trading by Terraform Administrator - Bloomberg.com

Jane Street Sued for Insider Trading by Terraform Administrator Bloomberg.com

Read full article →

PERSPECTA

PERSPECTA

Jane Street Sued for Crypto Insider Trading Linked to Terraform Collapse

Why this matters

Perspective Analysis

Coverage matrix

What sources agree on

Where they diverge

Key claims1 agreed · 2 unverified

Coverage gaps

Perspective Analysis

How outlets covered this

Left-leaning

Center

Jane Street Sued for Insider Trading by Terraform Administrator - Bloomberg.com

Right-leaning

Jane Street Sued For Crypto Insider Trading That Accelerated Terraform Collapse

Key entities

Coverage Timeline

Jane Street Sued for Insider Trading by Terraform Administrator - Bloomberg.com

Jane Street Sued For Crypto Insider Trading That Accelerated Terraform Collapse

Read at source (2 outlets)

Jane Street Sued For Crypto Insider Trading That Accelerated Terraform Collapse

Jane Street Sued for Insider Trading by Terraform Administrator - Bloomberg.com

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PERSPECTA

Why this matters

Key entities

Perspective Analysis

Coverage matrix

What sources agree on

Where they diverge

Key claims1 agreed · 2 unverified

Coverage gaps