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
Made with AI
Tier I
Sector: #18291
Sealed Cache Room
Resource Cache
Tier I
Requires 25% Tier Progress to Claim
Meme Cache
Tier I
Requires 50% Tier Progress to Claim
Equipment Cache
Tier I
Requires 75% Tier Progress to Claim
After collecting, caches will be stored in your inventory and can be opened with Keys.
Tier I
Sector: #18291
0%
25%
50%
75%
100%
Tier II
Survivors rescued:
0 / 600
Survivors
0/0
Other news
Alphabet Diversifies Stock Portfolio in Q2 2026
Alphabet has updated its stock portfolio, now owning 28 stocks across various sectors to ensure long-term growth.
SpaceX Drops AMD in Favor of Nvidia for AI Projects
SpaceX announced it will exclusively use Nvidia chips for AI projects, dropping AMD, during a quarterly earnings call on August 4, 2023.
Trump Asserts US Dominance Over Strait of Hormuz Amid Tensions
US President Donald Trump claims total US control over the Strait of Hormuz amid tensions with Iran, despite a significant drop in maritime traffic.
Crypto Market Faces Layoffs and Shifts in Investment Trends
The crypto market is currently facing significant layoffs, with firms like Coinbase and FalconX reducing their workforce. Retail investors are increasingly shifting their focus from cryptocurrencies to sports betting platforms and AI stocks.
Bitwise Asset Management Reduces Staff Amid Market Adjustments
Bitwise Asset Management has reduced its staff by approximately 14 employees, bringing its total workforce to about 155, while maintaining that it is still the largest in the company's history.
Arthur Hayes Outlines Yenquake Macro Thesis Impacting Bitcoin
Arthur Hayes proposes a macro thesis called 'Yenquake', suggesting that supporting the Japanese yen could inject dollar liquidity into global markets, potentially benefiting Bitcoin.
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