If this case is confirmed, the Telegram chat records will also become evidence presented in court.

The Manhattan Federal Court's newly unsealed documents state that Terraform's bankruptcy estate trustee accused Jane Street Group of obtaining non-public information through Terraform Labs insiders' private Telegram channels before the 2022 TerraUSD collapse, and selling approximately $192 million worth of UST; it claims they exited about 193 million UST near the peg and established short positions during the Terra $40 billion ecosystem collapse, profiting about $134 million. Jane Street denies the allegations, calling the lawsuit baseless and has applied for dismissal. (CoinDesk)