Terraform Labs has filed a lawsuit against trading firm Jane Street, alleging the use of non-public information to profit before the collapse of TerraUSD in May 2022. This legal action has brought renewed attention to Terra Classic (LUNC), which is trading at approximately $0.00003509, down 46% over the past year. The lawsuit claims Jane Street accessed confidential data to strategically withdraw UST from liquidity pools, contributing to the stablecoin's collapse. Jane Street denies these allegations, attributing the market turmoil to Terraform's internal mismanagement. Despite the legal uncertainties, Terra Classic (LUNC) has shown technical resilience, trading between $0.0000343 and $0.00003516 in the past 24 hours. Analysts suggest a potential short-term price target of $0.00003925, with 2026 projections ranging from $0.0000242 to $0.000510. The ongoing legal developments could influence market perception and LUNC's price trajectory.