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
ETH Denver Opens with Positive Vibes Despite Crypto Market Downturn

The opening day of ETH Denver at the National Western Center saw a positive atmosphere among attendees, despite a downturn in cryptocurrency prices.

Dogecoin Transitions from Bearish to Bullish Channel

Dogecoin's price has shifted from a descending channel to an ascending channel, indicating a potential bullish trend.

Dogecoin Approaches Critical Price Level for Potential Trend Reversal

Dogecoin's price is nearing a key horizontal zone that could indicate a significant trend reversal, according to crypto analyst NaBer.

Coinbase's Cryptobacked Loans Offer Liquidity Without Selling

Coinbase's cryptobacked loans allow investors to access liquidity from appreciated assets without triggering immediate capital gains taxes.

Coinbase Expands Cryptobacked Lending Product in the US

Coinbase has announced the expansion of its cryptobacked lending product, now supporting XRP, Dogecoin, Cardano, and Litecoin.

OpenAI and Paradigm Introduce EVMbench for Ethereum Smart Contract Security

OpenAI and Paradigm have introduced EVMbench, a tool aimed at improving the security of Ethereum smart contracts by evaluating AI agents' capabilities.

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