Traditional financial giants + DeFi insider information, a combination of old and new cutting methods

According to unsealed court documents, Jane Street is accused of obtaining inside information about Terraform Labs through a private Telegram group called “Bryce's Secret,” and selling approximately $192 million worth of UST as UST approached its peg, and during the TerraUSD collapse and Terra ecosystem evaporation of about $40 billion in market value, profited approximately $134 million by shorting UST.