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
Increased Social Media Interest in Ethereum Amid Market Fluctuations

Ethereum is seeing heightened interest on social media due to its price movements and investment strategies.

Leaked Emails Show Bill Gates Foundation Evaluating Ripple's Technology

Leaked emails from the Bill Gates Foundation reveal early assessments of Ripple and Stellar compared to the Mojaloop payment platform.

Luke Dashjr Demands Adam Back Resign Following Epstein Document Release

Luke Dashjr calls for Adam Back's resignation following Epstein document release linking him to the cryptocurrency industry.

Shiba Inu Marketing Lead Emphasizes Execution Over Price for Recovery

Lucie, the Shiba Inu marketing lead, emphasizes the importance of execution over price for rebuilding confidence in the Shiba Inu ecosystem.

Debate on Post-Quantum Security in Bitcoin Intensifies

A heated discussion erupted among Bitcoin developers regarding the urgency of addressing post-quantum security.

Crypto Analyst Predicts XRP Price Could Reach $7

Crypto analyst Diana predicts XRP price could rally to $7, indicating a 450% gain based on technical setups.

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