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Telegram chats by Jane Street and Jump Crypto staff probed in Terra case

Telegram chats by Jane Street and Jump Crypto staff probed in Terra case

US authorities believe Jane Street and Jump profited immensely from the collapse of Terra in May. Now, they’re sliding into employee DMs.

Cryptocurrency news by Protos · Protos

March 14, 20232m 12s

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Show Notes

Manhattan federal prosecutors have allegedly slid into the DMs of employees at Jane Street and Jump Trading to determine if market manipulation occurred in the collapse of Terra’s stablecoin, Bloomberg reports.


According to an unnamed source familiar with the matter, Telegram messages by Jane Street and Jump are being combed in relation to a potential bailout of TerraUSD in May, which never took place. Instead, the entire Terra ecosystem collapsed.



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