News linked to both this project and an event.
According to recently unsealed court documents, Jane Street is alleged to have obtained insider information from Terraform Labs via a private Telegram group named "Bryce's Secret."The documents claim that Jane Street subsequently sold approximately $192 million worth of UST when it was near its peg price, and profited around $134 million by shorting UST during the collapse of TerraUSD and the evaporation of roughly $40 billion in market value from the Terra ecosystem. (CoinDesk)
According to CoinDesk, newly unsealed court documents allege that Jane Street, a major Wall Street quantitative trading firm, obtained non-public internal information from Terraform Labs via a private Telegram group named “Bryce’s Secret” prior to the 2022 Terra collapse. The firm is accused of selling approximately $192 million worth of UST in advance and establishing short positions, thereby profiting roughly $134 million amid the collapse of the Terra ecosystem—valued at approximately $40 billion. The complaint states that on May 7, 2022—just nine minutes after Terraform withdrew $150 million in liquidity from the Curve pool—Jane Street sold around $85 million worth of UST on Curve. The associated wallet was subsequently suspected of being a key address contributing to UST’s de-pegging. However, Jane Street denies these allegations, calling the lawsuit “baseless,” and states it will vigorously defend itself.
on-chain detective ZachXBT has exposed US threat actor Dritan Kapllani Jr., alleging his involvement in social engineering thefts targeting crypto users, totaling approximately $19 million.ZachXBT stated that Dritan has long been flaunting luxury cars,名牌 watches, private jets, and nightclub lifestyles on social media. On April 23, 2026, during a "Band 4 Band (B4B)" voice call on Discord, in an attempt to prove he was wealthier than another hacker, he publicly displayed an Exodus wallet containing $3.68 million in assets.The relevant ETH address is: 0x4487db847db2fc99372a985743a26f46e0b2bba6ZachXBT's tracking revealed that this address is linked to a social engineering theft incident on March 14, 2026, involving 185 BTC (approximately $13 million). The following day, Dritan's Exodus wallet received about $5.3 million from that theft. By the time of the B4B call six weeks later, approximately $1.6 million had already been spent or laundered.On May 11, the US Department of Justice unsealed a criminal indictment against Trenton Johnson, charging him with participation in the theft of 185 BTC. He faces a potential maximum sentence of 40 years in prison. The indictment refers to "Co-Conspirator 1 (CC-1)," believed to be Dritan, who has not yet been formally charged.ZachXBT also noted that Dritan is connected to hacker John Daghita (Lick), who was previously arrested for stealing $46 million from the US government. John had previously exposed Dritan's old wallet address on Telegram. On-chain analysis shows that this address is linked to multiple high-confidence social engineering thefts in 2025, with a cumulative total exceeding $5.85 million.ZachXBT stated that Dritan has long been active in the "The Com" hacker circle and had seemingly avoided formal prosecution due to being a minor. Now that he has turned 18, his "borrowed time may finally be over."
According to Hong Kong 01, a woman met a fraudster on Telegram who claimed to be an “investment expert.” The scammer lured her with promises of stable high returns using “quantitative trading” and “AI algorithms.” Believing the claims, the victim transferred approximately HK$7.7 million worth of USDT and ETH from her e-wallet to wallets designated by the fraudster in 17 separate transactions. When she attempted to withdraw funds, the scammer delayed and refused her requests with various excuses—only then did she realize she had been defrauded. Police warned that “high returns + low risk + low entry barrier” constitutes a 100% fraudulent “impossible triangle,” and urged the public to verify the authenticity of any investment platform before committing funds.
According to Hong Kong 01, Hong Kong police have disclosed a fraud case in which scammers lured victims into investing in cryptocurrencies under the guise of “AI-powered quantitative trading,” defrauding a woman of approximately HK$7.7 million. The fraudsters posed as “investment experts” and proactively contacted the victim via Telegram, claiming they could generate stable, high returns using “quantitative trading” and “AI algorithms.” The victim subsequently transferred USDT and ETH worth around HK$7.7 million from her digital wallet to designated addresses in 17 separate transactions. She only realized she had been scammed when her withdrawal request was denied. Hong Kong police warned that although cryptocurrencies offer the potential for high returns, they also carry high volatility and high risk. Claims of “AI-driven trading” or “guaranteed profits from quantitative strategies” are mostly fraudulent lures. The public should remain vigilant against the “impossible trinity” trap—promises of high returns, low risk, and low entry barriers.