Terra Classic

Jane

Silk Road

Terra

President Trump

<p>Terra Classic (LUNC), which collapsed in May 2022 after its stablecoin UST lost its dollar peg, is back in the spotlight. This comes after Terraform Labs filed a lawsuit against Jane Street, claiming the firm used insider information to profit and may have accelerated the fall of TerraUSD (UST).</p><p>Now, Terra supporters are asking a big question: if Jane Street is proven responsible for the 2022 crash, could LUNC surge 100X from here?</p><h2 class="wp-block-heading" id="h-terraform-labs-filed-lawsuits-against-jane-street">Terraform Labs Filed Lawsuits Against Jane Street</h2><p>On February 23, 2026, the bankruptcy administrator of <a href="https://x.com/LunarCrush/status/2027239790584983735" rel="noopener noreferrer nofollow">Terraform Labs filed</a> a lawsuit in Manhattan federal court against Jane Street. However, the complaint alleges that the firm used insider information before TerraUSD (UST) lost its peg in May 2022.</p><p>According to court filings, a former Terraform intern who later joined Jane Street allegedly shared private details about a planned $150 million UST withdrawal from Curve.&nbsp;</p><p>The lawsuit claims Jane Street sold large amounts of UST minutes after the withdrawal, which may have worsened panic and accelerated the collapse.<br><br>In response to these claims, Jane Street has denied all allegations, calling them baseless and blaming Terraform’s flawed design for the meltdown.</p><h2 class="wp-block-heading" id="h-is-do-kwon-not-guilty-will-he-be-pardoned">Is Do Kwon Not Guilty? Will He Be Pardoned!</h2><p>The lawsuit has reopened debate about Terraform Labs co-founder <a href="https://coinpedia.org/news/do-kwon-faces-12-years-in-prison-for-crypto-fraud-sentencing-on-11-dec/" rel="noopener noreferrer nofollow">Do Kwon</a>. Some LUNC members say that if outside manipulation is proven, the crash may not have been only an internal failure.&nbsp;</p><p>However, legal experts say it is hard to prove market manipulation.&nbsp;</p><p>Even if Jane Street is found guilty, it does not automatically remove Do Kwon’s responsibility. Courts would still review Terraform’s stablecoin design and risk controls.</p><p>Speculation about a possible pardon for Do Kwon has already started online. Recently, President <a href="https://coinpedia.org/news/trump-says-he-doesnt-know-binance-founder-cz-whom-he-pardoned/" rel="noopener noreferrer nofollow">Trump pardoned</a> Changpeng “CZ” Zhao, the founder of Binance, after he pleaded guilty &amp; paid a fine of $4.3 billion.<br><br>Similarly, Trump also granted a full pardon to Ross Ulbricht, the creator of the Silk Road marketplace.</p><h2 class="wp-block-heading" id="h-could-lunc-rise-100x-if-jane-street-is-proven-responsible-for-the-crash">Could LUNC Rise 100X if Jane Street Is Proven Responsible for the Crash?</h2><p>As of now Lunc is trading around <a href="https://coinmarketcap.com/currencies/terra-luna/" rel="noopener noreferrer nofollow">$0.0000425</a>; a 100X move would push the LUNC price close to $0.00425.&nbsp;</p><p>While such a surge is possible in crypto, but it would require strong investor confidence and major supply burns.<br></p>

Will LUNC Go Up 100X if Jane Street Caused the 2022 Terra Crash?

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