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
Wells Fargo and Citi Adjust Microsoft Stock Price Targets Amid Market Concerns
Wells Fargo and Citi have lowered their Microsoft stock price targets amid market concerns, with Wells Fargo reducing its target from 650 to 625 and Citi from 620 to 570, despite ongoing optimism about the company's future.
US Mint to Launch Gold Coin Featuring President Trump
The US Mint will start producing a new gold coin featuring President Trump's face to commemorate America's 250th birthday.
Fed Chair Kevin Warsh Testifies on Inflation and Economic Policy
Federal Reserve Chair Kevin Warsh testified before Congress on July 14, 2026, discussing inflation and economic investment trends, emphasizing the need for correct Fed policy to combat inflation.
Potential Passage of CLARITY Act Could Boost XRP
The CLARITY Act aims to provide regulatory clarity for the cryptocurrency sector, which may enhance investor confidence in XRP.
Headwinds for XRP Rally Amid Global Conflicts
The US-Iran conflict and rising oil prices may pose challenges to XRP's potential rally.
Rising FOMO Among Investors Could Signal XRP Rally
Investor sentiment around XRP is turning bullish, with a significant increase in positive comments compared to negative ones.
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