UST

Jane Street is accused of using a private Telegram backchannel to unwind hundreds of millions in exposure before Terra's $40 billion ecosystem collapse. The alleged advance access allowed the trading firm to exit positions mere hours before the UST crash.

A claimant is waiting for an update on their LUNA/UST losses claim submitted to Kroll On April 2, 2025, and has received no updates since August 16. The claimant is concerned after seeing others receive their calculations or initial determinations. The claim was submitted for Terra/LUNA claims.

Jane Street is requesting a court to dismiss Terraform's claims related to the collapse of the UST and LUNA cryptocurrencies. The case stems from the 2022 UST-LUNA crash, which caused significant financial losses in the crypto market.