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
Anthony Scaramucci Predicts Bitcoin Recovery Timeline

SkyBridge Capital founder Anthony Scaramucci predicts that Bitcoin may not see a meaningful recovery until October or November 2023, citing cyclical market conditions and ongoing selling pressure from whales.

Analyst Claims Bitcoin Still Correlates with M2 Money Supply

Crypto analyst KillaXBT argues that Bitcoin's price movements are still aligned with the M2 money supply despite recent deviations.

Spanish Police Take Down Major Illegal Manga Distribution Platform

Spanish National Police dismantled a major illegal manga distribution website operating since 2014, arresting three individuals for intellectual property crimes.

Regulatory Clarity Key to Sustaining XRP ETF Growth

The future momentum of XRP ETFs may depend on the successful passage of the CLARITY Act, which aims to officially classify XRP as a digital commodity.

Justin Sun Sues World Liberty Financial Amidst Token Collapse

Justin Sun has filed a lawsuit against World Liberty Financial, alleging misconduct and raising concerns about the project's stability amidst a significant drop in token value.

Spanish Police Discover Hidden Crypto Wallets in Major Raid

Spanish police discovered two hidden crypto cold wallets containing approximately 400,000 euros during a raid in Almera, linked to a major illegal manga distribution 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