Researcher ties Jane Street to notorious 'Wallet A' that helped depeg UST
Researcher Igor Igamberdiev claims Jane Street largely contributed to the depegging of UST and Terra’s collapse — but did it mean to?
Cryptocurrency news by Protos · Protos
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Show Notes
New research suggests that there’s a “good chance” Terra’s collapse was largely triggered by quant trading firm Jane Street.
Igor Igamberdiev, head of research at crypto market maker Wintermute, believes that Jane Street is likely related to the notorious ‘Wallet A,’ which swapped 85 million UST for USDC and imbalanced the UST/3CRV Curve pool. Wallet A is often considered to be a major contributor to the depegging of Terra in May.
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