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Odaily星球日报
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Jane Street Requests Dismissal of Terraform Lawsuit, Claims Blame Shifting Attempt
Odaily Planet Daily reports that quantitative trading firm Jane Street has filed a motion to dismiss the insider trading and market manipulation lawsuit brought against it by Terraform Labs, which accuses it of causing the UST/LUNA algorithmic stablecoin crash.
Jane Street stated in documents submitted to the Southern District of New York Federal Court that the lawsuit is "groundless" and is an attempt by the Terraform bankruptcy estate to shift the blame for the multi-billion dollar ecosystem collapse onto third parties.
The company is requesting the court to "dismiss with prejudice" the entire case, meaning the plaintiff cannot refile the lawsuit on the same grounds.
Jane Street stated in documents submitted to the Southern District of New York Federal Court that the lawsuit is "groundless" and is an attempt by the Terraform bankruptcy estate to shift the blame for the multi-billion dollar ecosystem collapse onto third parties.
The company is requesting the court to "dismiss with prejudice" the entire case, meaning the plaintiff cannot refile the lawsuit on the same grounds.
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