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Jane Street moves to dismiss lawsuit over insider trading allegations before the Terraform collapse

MeNews
ME News reported on April 24 (UTC+8) that, according to Bloomberg, Jane Street has filed a motion with the court to dismiss a lawsuit accusing it of insider trading before the Terraform crash. Jane Street denies the allegations of insider trading and market manipulation, stating that the lawsuit attempts to shift losses caused by Terraform's own fraudulent conduct onto it. Jane Street claims that the plaintiff failed to prove it possessed or used non-public information, and that the relevant trades were based on publicly known signals in the market. (Source: MLion)
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