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
RootData to Co-Host Forum at Binance Blockchain Week 2025
RootData, in collaboration with ChainCatcher and Klickl, will co-host a significant forum in Dubai on December 2, 2025, focusing on data-driven growth strategies and market opportunities in the Web3 sector.
Bitcoin MENA 2025 Conference Set for Abu Dhabi
The Bitcoin MENA 2025 conference is set to take place in Abu Dhabi on December 89, 2025, at the ADNEC Centre, bringing together global Bitcoin leaders and enthusiasts for workshops and networking.
Coinbase Premium Index Signals Potential Return of US Spot Buying Strength
The Coinbase Premium Index has turned positive for the first time since late October, indicating a potential return of US spot buying strength in Bitcoin.
Market Sentiment Improves but Caution Remains
The sentiment index has improved, indicating a move out of extreme fear, but the market remains cautious with selective gains.
Interpol Conducts Largest Global Operation Against Trafficking-driven Fraud
In 2024, Interpol led its largest global operation against trafficking-driven fraud, resulting in over 2,500 arrests across 116 countries.
Interpol Recognizes Crypto-enabled Fraud as a Major Global Threat
Interpol has officially recognized crypto-enabled fraud as a significant global threat following a new resolution aimed at combating transnational scam centers.
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