🚨 Major Developments in the Terra Saga

Newly released court filings allege that Jane Street used a private Telegram channel called “Bryce’s Secret” to obtain insider information from Terraform Labs.

They reportedly dumped $192M worth of UST before the collapse and then profited $134M by shorting the ecosystem.

Meanwhile, Jane Street’s hyper minted $LUNC wallets still exist containing over 2 trillion $LUNC that must eventually be sent to the burn address.

Once these burns are executed following the current SEC findings, the impact on $LUNC supply could be massive