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
Figure Technology Confirms Data Breach Due to Social Engineering Attack

Figure Technology has confirmed a data breach caused by social engineering, resulting in the theft of customer files and exposure of sensitive personal information.

Shiba Inu SHIB Creates Millionaires in 2021 Bull Run

Shiba Inu SHIB generated several millionaires during the 2021 bull run, but its price has significantly decreased since then.

Investing in Shiba Inu SHIB Today: Can It Still Create Millionaires?

Investing in Shiba Inu SHIB today may still lead to millionaire status, but requires significantly larger investments than in the past.

Cumulative Value Days Destroyed Indicates Bitcoin's Market Bottom

Market analyst Ali Martinez highlights that the Cumulative Value Days Destroyed (CVDD) metric suggests Bitcoin's price bottom is at 45,225.

Russia Advances Digital Ruble Initiative to Boost BRICS Trade

Russia is advancing the digital ruble initiative to enhance trade among BRICS nations and reduce reliance on the US dollar.

X Takes Action Against Spam and Automation

X's leadership is taking steps to combat spam and automation on the platform.

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