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
0
Other news
Frax Governance Proposes Morpho Lending Market for bdUSD and frxUSD
Frax governance is discussing a proposal to create a Morpho lending market for bdUSD and frxUSD to enhance stablecoin liquidity and borrowing demand.
EigenLayers Forum Engages in ELIP018 Proposal Discussion
The EigenLayers forum is currently engaged in a debate over the draft proposal ELIP018, which introduces a framework known as RETIRE, aimed at providing a terminal exit route for restakers.
Uniswap Governance Explores Private Execution Path for Swaps
Uniswap governance is discussing a proposal for an optional private execution path for swaps to enhance user privacy and reduce transaction information exposure.
Kraken Introduces USDT0 Support on Tempo Network
Kraken has introduced support for USDT0 deposits and withdrawals on the Tempo network, enhancing stablecoin liquidity movement.
Arbitrum Security Council Takes Action to Correct Delegated Voting Power Discrepancy
The Arbitrum Security Council has initiated a nonemergency governance action to correct a discrepancy in the Delegated Voting Power of the ARB token contract.
ethlimo's Q2 2026 Update Reveals Advancements in ENS Infrastructure
ethlimo's Q2 2026 update highlights significant advancements in ENS infrastructure, showcasing its growing utility beyond crypto usernames.
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