JUST IN: Court filings detail new allegations around the May 2022 UST collapse.

According to the documents, Terraform withdrew 150M UST from Curve’s 3pool on May 8, 2022. Minutes later, Jane Street allegedly executed its largest single UST trade, selling 85M UST in one transaction — the largest swap ever recorded in that pool at the time.
Filings claim the trade accelerated the depeg and broader Terra ecosystem collapse, and reference prior discussions between Terraform, Jump Trading, and Jane Street during the crisis period.
The collapse ultimately saw UST fall below $0.15 and LUNA trade near zero within days.