Terraform Says Jane Street 'Insider Trading' Led To Ch. 11

By Emily Lever · February 24, 2026, 6:12 PM EST

The administrator for bankrupt cryptocurrency company Terraform Labs has sued trading firm Jane Street in New York federal court over what Terraform says was an insider trading scheme to "front-run trading...

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Documents

Case Information

Case Title

Terraform Labs Pte. Ltd.

Case Number

1:24-bk-10070

Court

Delaware

Nature of Suit

Date Filed

January 21, 2024


Case Title

Snyder v. Jump Trading, LLC et al

Case Number

1:25-cv-15414

Court

Illinois Northern

Nature of Suit

850 Securities/Commodities

Date Filed

December 18, 2025


Case Title

Snyder v. Jane Street Group, LLC et al

Case Number

1:26-cv-01504

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

February 23, 2026