🚨This could be the largest insider trading scandal in crypto history.$LUNC

Jane Street made $134 million by shorting Luna and UST right before the Terra collapse.

Newly unsealed court filings reveal that Jane Street did not just use their insider information to close their UST position but they also used that information to short Luna and cash out $134 million as the entire Terra ecosystem collapsed.

The insider access came through a private Telegram channel called "Bryce's Secret," run by Bryce Pratt, a former Terraform intern who moved to Jane Street.

Their largest single trade was an $85 million UST sale on Curve Finance executed just 9 minutes after Terraform quietly withdrew $150 million from the same pool with no public announcement.

After being identified by on chain analysts, internal communications show traders discussing how to "decommission" their wallets.

Five days after UST hit zero, Jane Street offered Terraform's head of research a job and he started two weeks later