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
Ethereum Price Reclaims Key Cost Basis Level
Ethereum's recent price surge has allowed it to reclaim a key cost basis level, according to on-chain analytics firm Glassnode.
Ethereum MACD Signals Potential Bullish Rally
A crypto analyst has identified a new golden cross in Ethereum's MACD, suggesting a possible price rally.
Dogecoin's Price Analysis Suggests Potential Bull Cycle
Analyst Javon Marks conducted a technical analysis of Dogecoin, suggesting it may repeat previous bull cycles with a potential price rally of over 2,600% if it breaks above the 1618 Fibonacci extension.
Dogecoin Foundation Plans New Developments to Boost Demand
The Dogecoin Foundation has announced plans for two significant developments aimed at enhancing the utility of Dogecoin, including a self-custodial wallet and a Layer-2 upgrade.
Bitcoin Price Rally May Be Nearing Exhaustion
Crypto trader Max Trades indicates that Bitcoin's price rally may be nearing exhaustion as liquidity clusters are cleared.
Bitcoin's Hidden Override Key Revealed
An analyst reveals the existence of a hidden override key in Bitcoin, originally introduced by Satoshi Nakamoto.
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