Whistleblower James Hunsaker testified against Jump Trading, exposing its involvement in the UST collapse and the SEC complaint it filed. An SEC investigation uncovered that Jump Trading's actions temporarily restored UST's peg, resulting in a $1 billion profit amid accusations of fraud. *Testimony shed light on hidden agreements between Jump Trading and Terraform Labs, revealing attempts to deceive investors about the stability of UST.
Whistleblower Reveals Jump Trading Alleged Fraud in UST Collapse: Analysis

by Giorgi Kostiuk
2 years ago

Other news
Analyst Suggests Shiba Inu's Long Decline May Be Coming to an End

Analyst Aurex Finance suggests that Shiba Inu's long-term decline may be nearing its end, based on a completed three-wave corrective structure.

Open Interest in Shiba Inu Rises Despite Declining Trading Volume

Open interest for Shiba Inu has increased by 21% in the last 24 hours, despite an 18% drop in spot trading volume, indicating mixed market signals.

Shiba Inu Hits Critical Support Level Amid Ongoing Decline

Shiba Inu has recently dropped to a critical support zone around 0.00000055, which has historically cushioned price drops since 2021.

Binance Partners with BlockShoals to Reenter Philippine Crypto Market

Binance has partnered with BlockShoals to reenter the Philippine crypto market through a regulatory sandbox.

Midnightcity: Pioneering Privacy in Blockchain Technology

Midnightcity is designed to redefine privacy in blockchain with autonomous AI agents and an innovative economic model.

Midnightcity Set for New Beta Testing Phase

Midnightcity is preparing for a new beta testing phase to enhance its design and user experience, with thousands of testers expected to participate.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter