• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Whistleblower Reveals Jump Trading Alleged Fraud in UST Collapse: Analysis

user avatar

by Giorgi Kostiuk

2 years ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Garrett Jin's Strategic Multi-Asset Approach Signals Confidence in Crypto Market

chest

Garrett Jin's strategic multi-asset approach signals confidence in the crypto market.

user avatarLi Weicheng

HYPE Reaches New Heights as Strategic Accumulation by Trader Garrett Jin Gains Attention

chest

HYPE has surged above its previous all-time highs, reaching 65 yesterday, driven by significant accumulation from trader Garrett Jin.

user avatarAisha Farooq

Noah Doe Seeks Legal Ownership of 39,069 Abandoned Bitcoin Wallets

chest

A New York man, Noah Doe, has filed a lawsuit seeking ownership of 39,069 abandoned Bitcoin wallets he discovered using a self-developed algorithm.

user avatarTenzin Dorje

Bank of America Shifts Focus to Bitcoin, Reduces Ethereum Exposure

chest

Bank of America has significantly increased its Bitcoin investments while reducing its holdings in Ethereum and Solana.

user avatarBayarjavkhlan Ganbaatar

Buterin Advocates for Ethereum's Technical Direction

chest

Buterin advocates for Ethereum's technical future, emphasizing censorship resistance, openness, privacy, and security over speed and scalability.

user avatarMohamed Farouk

Ethereum Price Encounters Resistance and Support Zones.

chest

Ethereum's price is currently experiencing a downside correction, facing key resistance and support levels.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.