Wintermute research head: Wallets related to the UST decoupling event may be associated with Jane Street

ChainCatcher news, Wintermute research head Igor Igamberdiev tweeted that wallets related to last year's TerraUSD (UST) depegging event may be linked to trading firm Jane Street. Igor Igamberdiev stated that Clearpool announced on May 3 last year that Jane Street borrowed $25 million USDC from BlockTower using their licensed lending pool, based on this, he identified three addresses belonging to the trading firm. Igor Igamberdiev only analyzed one of the wallets, A, as follows:

Within two weeks after the Terra crash, wallet A received $15 million and repaid it to the lender along with an additional $10 million without any usage; invested $150,000 in Tonic DEX; and borrowed $25 million to deposit into a Coinbase wallet. Before receiving the $25 million from Jane Street, this Coinbase wallet received $84.5 million USDC from a UST depegger after a large exchange. Aside from the two mentioned deposits, this wallet had no other interactions, making it highly likely that they belong to the same entity. Igamberdiev noted that wallet A held UST on Anchor for a month, which does not necessarily imply malicious intent from Jane Street. (source link)