March 7, 2026

Jane Street linked to 2022 crypto winter and Terra downfall

Strategy logs 100th bitcoin purchase announcement, adding 592 coins last week for $39.8 million

Jane Street has been identified as a significant player behind the 2022 crypto winter, with actions that led to the downfall of Terraform by first depegging its token and damaging its ecosystem, before falsely implying a rescue of Terra while absorbing its remaining value. This revelation comes amid ongoing investigations into 2022 crypto market events, where authorities are closely examining the impacts of depegging incidents and purported rescue deceptions. Moreover, recent whistleblower accounts have highlighted accusations of market manipulations by trading firms during this period, reflecting the broader industry scrutiny following such collapses.

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