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Jane Street files to DISMISS Terraform Labs lawsuit over $40B UST/LUNA collapse.
Key arguments:
➡️ Do Kwon already serving 15 years for the fraud
➡️ Largest trades came AFTER UST issues were public
➡️ No non-public info or back-channels proven
➡️ Invokes "Wagoner Rule" blocking the claim
➡️ Calls lawsuit "meritless" blame-shifting
Could set precedent for market maker liability in crypto.
DYOR.