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
Bitcoin Standard Treasurys Merger Vote Delayed to July 2026

The merger vote between Bitcoin Standard Treasurys and Cantor Equity Partners has been postponed to July 10, 2026.

BNB Beacon Chain Migration Enters Phase 3 with Self-Service Recovery Tool

The BNB Beacon Chain migration has progressed to Phase 3, introducing a self-service recovery tool for users with BEP2 and BEP8 tokens.

Long-term Bitcoin Holders Begin Accumulation Amid Market Volatility

Long-term Bitcoin holders are starting to accumulate despite recent price drops, indicating a potential shift in market dynamics.

Bitcoin Rebounds After Hitting Two-Year Low

Bitcoin experienced a rebound after hitting its lowest level since September 2024, influenced by soft US economic data and comments from the Federal Reserve chair.

Securitize to Begin Trading on NYSE Under Ticker SECZ

Securitize's stock is expected to begin trading on the New York Stock Exchange under the ticker symbol SECZ, testing Wall Street's acceptance of tokenization.

Yoroi Wallet Implements Strict Editorial Policy

Yoroi Wallet has introduced a new editorial policy that focuses on accuracy, relevance, and impartiality to enhance the quality and trustworthiness of the information provided on its 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