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
Experts Forecast Bright Future for Tokenized Deposits

Experts predict that tokenized deposits could become standard in the financial industry, following historical trends of technology adoption.

Mixed Reactions from Crypto Community on Tokenized Settlement Initiative

Mixed reactions from the crypto community regarding the tokenized settlement initiative by Lise Lightning Stock Exchange and Memo Bank, highlighting both optimism and caution.

Lise Lightning Stock Exchange and Memo Bank Join Forces for Tokenized Deposits

Lise Lightning Stock Exchange and Memo Bank have announced a collaboration to enable settlements through tokenized deposits, marking a significant milestone in the European cryptocurrency industry.

Fartcoin Gains Traction with Unique Meme Identity

Fartcoin has gained notable traction through its unique meme identity and community-driven updates.

TikTok Implements Nighttime Live Streaming Restrictions in Nigeria

TikTok has begun restricting Nigerian users from hosting live streams at night as part of a safety investigation.

IPO Genie Emerges as Top Crypto Presale for 2026

IPO Genie is gaining attention as a leading crypto presale, offering unique access to private market investments.

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