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
Tether Reveals Significant Stake in Bitdeer Technologies Group
Tether has disclosed a 197% beneficial ownership stake in Bitdeer Technologies Group following a partial sale and affiliate transfer.
Bitcoin Traders React to Federal Reserve's Steady Interest Rates
Bitcoin traders are reassessing their expectations following the Federal Reserve's decision to hold interest rates steady while signaling a more hawkish future.
Tether to Wind Down aUSDT and Alloy by Tether
Tether announces the discontinuation of aUSDT and the Alloy platform, focusing on core products.
Binance Expands Monitoring Tag to New Tokens
Binance has added ACT, BLUR, PIVX, and QKC to its Monitoring Tag list, indicating closer scrutiny of these tokens.
Grayscale Research Highlights Professionalization in Crypto Asset Valuation
The analysis of AAVE by Grayscale Research indicates a shift towards structured and professional approaches in crypto asset valuation.
Grayscale Research Introduces Cashflow Valuation Framework for AAVE
Grayscale Research has introduced a cashflow valuation framework for AAVE, highlighting the maturation of DeFi protocols.
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