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
Sam Bankman-Fried's Pardon Chances Remain Slim
Sam Bankman-Fried is seeking a pardon from Donald Trump, but traders estimate his chances of success at only 2% on Polymarket and 4% on Kalshi.
Critical Vulnerability Found in MediaTek Smartphone Chip
A critical vulnerability has been found in the MediaTek Dimensity 7300 smartphone chip, allowing full device control through electromagnetic attacks.
Market Sentiment Shifts as Bitcoin Volatility Declines
Bitcoin's implied volatility has decreased, reflecting a shift in market sentiment and trader positioning.
Shiba Inu Maintains Strong Trading Volume Amid Price Surge
Shiba Inu posted a 63% jump in the last 24 hours and now trades at 0.00000008469, remaining one of the most actively traded meme assets with daily volume above 138 million.
Trump Commutes Sentence of Fraudster David Gentile
Donald Trump commuted the sentence of David Gentile, a private equity executive convicted of fraud, allowing him to avoid financial penalties and restitution.
Russian Prosecutors Target Georgy Satyukov's Assets in Bribery Case
Russian prosecutors are seeking to seize over 21 billion rubles in assets from Georgy Satyukov, a former official accused of accepting bribes in cryptocurrency.
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