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
MoneyGram Launches MGUSD, Its Own US Dollar Stablecoin

MoneyGram has introduced MGUSD, a native US dollar stablecoin, marking a significant shift in its digital currency strategy.

Robinhood Expands into Canada with WonderFi Acquisition

Robinhood Markets has officially entered the Canadian market by acquiring WonderFi, enhancing its customer base and surpassing 1 million international funded customers.

Traders Bet on XRP Price Increase Amid Open Interest Rise

Traders are increasingly betting on XRP's price rising, as indicated by the LongShort Ratio on Coinglass, which shows that 51.58% of volume is in favor of price rising longs.

XRP Open Interest Shows Signs of Recovery

The XRP open interest is experiencing a steady uptrend, indicating a potential bullish shift in the market.

New Editorial Guidelines Seek to Enhance Quality Standards.

A new editorial policy has been established to enhance the quality of content, focusing on accuracy, relevance, and impartiality.

Analyst Predicts Increased Competition for Decentralized Exchanges

Analyst Zero Kyle predicts that Binance's new trading service may increase competition for decentralized exchanges like Hyperliquid.

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