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Terra (UST and Luna)
A collapsed cryptocurrency ecosystem featuring UST stablecoin and Luna token that lost $40 billion in value during its 2022 collapse.
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"Jane Street had insider information that made it possible for them to trigger a meltdown of the entire Terra ecosystem, taking $40 billion of value with them."
From:
Bitcoin Was Built To Escape The Rigged System — They Just Built The Cage Around It
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▶ 13:01
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Feb 2026
Attribution: Tom discusses Terra in the context of Jane Street's alleged involvement in its collapse