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
Solana Network Activity Remains Strong Despite Price Decline

Solana's network shows resilience with over 31 billion in DEX spot volume processed, indicating strong user engagement despite price declines.

Market Analysis Indicates Potential Short-Term Base for Solana

Market analysis indicates potential short-term base for Solana.

Solana Faces Significant Selloff Amid Institutional Caution

Solana has experienced a sharp selloff, leading to a fragile market condition as it approaches a key demand zone.

Ethereum Price Falls Below Critical Support Level.

Ethereum's price has fallen below the crucial $2,000 mark due to significant selling pressure from large and small investors.

Analysts Maintain Strong Buy Rating on Nvidia Amid Market Volatility

Analysts express confidence in Nvidia's potential in the AI sector despite recent market volatility, maintaining a strong Buy rating with price targets from 220 to 320.

Tech Stocks Rebound with Nvidia Leading the Charge

Tech stocks experienced a significant rebound on Friday, led by Nvidia's impressive performance.

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