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
Ford Plans to Launch Affordable Electric Vehicle

Ford Motor Company has announced plans to launch an electric vehicle priced at around $30,000, featuring advanced self-driving technology.

China Dominates Electric Vehicle Market

China's electric vehicle market has grown significantly, capturing 54% of the global market share with 13 million units sold in 2025.

Pi Network Price Stagnates as Demand Dwindles

Pi Network's price is stagnant at 0.02075 due to decreased investor demand, with a daily trading volume of only 6 million.

Market Analysts Predict Changes Following McCormick's Appointment at Meta

Market analysts are monitoring the impacts of Dina Powell McCormick's appointment at Meta, predicting it will enhance global partnerships and AI infrastructure.

XRP Wallet Compromise Highlights Security Risks

A user lost nearly 70,000 XRP due to a wallet security failure, emphasizing the need for constant vigilance in self-custody.

Pi Network Gains Attention with Protocol v23 Upgrade

The Pi Network has released its Protocol v23 upgrade, enhancing speed, safety, and utility for over 158 million Mainnet Pioneers.

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