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Is Jane Street Why Bitcoin Isn't At $150K? – Firm Wipes X Account After Market Manipulation Lawsuit
Trading company Jane Street has been in hot water after TerraForm Labs accused it of market manipulation, and it deleted all posts from its X account overnight, fueling speculation over its role in the 2020 crypto crash. The crypto community on Reddit and Twitter has another point of contention. If Jane Street had not manipulated TerraUSD’s (UST) price, if Luna (LUNA) had not subsequently crashed, leading to the FTX collapse, then maybe Bitcoin (BTC) would be at $150,000 right now, if not higher. Currently, Bitcoin’s price is trading around $68,400, higher than earlier this week but still nearly 50% below its ... (full story)
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