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
Dan Gambardello Raises Concerns Over Cardano's Ecosystem Amid Price Drop
Dan Gambardello raises concerns about Cardano's ecosystem leadership and support amid a significant price drop.
XRP Surpasses Bitcoin and Ethereum in Trading Volume Amid Market Struggles
XRP has surpassed both Bitcoin and Ethereum in trading volume on the Upbeat crypto exchange, indicating a shift in investor interest.
Revised Editorial Guidelines Designed to Improve Reporting Quality.
A new editorial policy has been established to ensure accuracy, relevance, and impartiality in reporting.
Dogecoin Price Recovery and Resistance Levels
Dogecoin has initiated a recovery wave, overcoming key resistance levels, but faces challenges ahead.
XRP Price Rebound and Important Resistance Points.
XRP price shows signs of recovery, trading above key support levels and facing resistance at 11740.
Vietnam to Mandate Crypto Trading in Local Currency
Vietnam plans to mandate that all domestic crypto transactions be settled in Vietnamese dong, barring dollar-paired trades on licensed platforms.
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