Crypto
Terraform Labs liquidator sues Jane Street, alleging insider front-running
Todd Snyder, the court-appointed liquidator of Terraform Labs, sued Jane Street, co-founder Robert Granieri and two employees in New York federal court. The Wall Street Journal reported the suit alleges they used material non-public information obtained from a Terraform insider to execute front-running trades, profit and accelerate Terraform’s collapse. The complaint says Jane Street set up a private channel via former Terraform intern Bryce Pratt and accessed confidential information.
