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TerraUSD (Wormhole) Lending Guide

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TerraUSD (Wormhole) UST News

Jane Street Accused of Using Terra Telegram Channel Before UST Crash
May 21, 2026Jane Street Accused of Using Terra Telegram Channel Before UST Crash

Jane Street was accused of using a private Telegram channel with a former Terraform employee, which helped it unwind hundreds of millions of UST just before the Tera collapse in 2022.

Jane Street allegedly used insider info to profit from UST collapse
May 21, 2026Jane Street allegedly used insider info to profit from UST collapse

Court filings allege Jane Street sold $193M in UST before its collapse using insider info from a private Telegram group, then made $134M shorting the token.

Do Kwon Sentenced to 15 Years in Prison Over $40 Billion Terra Crypto Collapse - Decrypt
December 11, 2025Do Kwon Sentenced to 15 Years in Prison Over $40 Billion Terra Crypto Collapse - Decrypt

Terraform Labs founder Do Kwon was sentenced to 15 years in prison, following the $40 billion collapse of UST and Luna in May 2022.