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
Bitcoin Tests Major Support Zone as Sellers Press Their Advantage
Bitcoin is currently testing a critical support zone between 72,000 and 74,000, with potential implications for its price trajectory.
Bitcoin Whales Experience Supply Stagnation Amid Market Trends
Bitcoin whales have seen their supply levels stabilize, indicating potential price weakness.
Bitmine Immersion Technologies Acquires 111,942 ETH
Bitmine Immersion Technologies has made its largest Ethereum purchase of the year, acquiring 111,942 ETH earlier this week.
Bit Digital Increases Ethereum Holdings to 158,462 ETH
Bit Digital has acquired 8,568 ETH, increasing its total holdings to approximately 158,462 ETH, becoming the fourth-largest public corporate holder of Ether.
Standard Chartered Highlights Ethereum's Strong On-Chain Metrics
Standard Chartered has released a report indicating that Ethereum's on-chain metrics tell a different story than its current price.
David Hoffman Sells His Final Ethereum Holdings
David Hoffman, cofounder of Bankless, has sold his final Ethereum holdings, citing that the investment case for ETH has largely played out.
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