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
Uniswap Proposes Protocol Fee Activation Across Multiple Deployments

Hayden Adams, the founder of Uniswap, has proposed activating protocol fees across Uniswap v4 and other network deployments, reigniting a key governance debate in DeFi.

SEC Increases Position Limits for Bitcoin ETF Options

The SEC has approved a significant rule change for options on BlackRock's iShares Bitcoin Trust, raising the position and exercise limits from 250,000 contracts to 1,000,000 contracts.

BNB Chain Reaches $52 Billion in Tokenized Real-World Assets

BNB Chain has reached approximately $52 billion in tokenized real-world assets, marking significant growth in the sector.

Sui Introduces Gas-Free Transfers for Stablecoins

Sui has launched a new feature that allows users to transfer stablecoins without the need to hold the network's native token for transaction fees.

Pumpfun Transfers 81,712 SOL to Kraken, Impacting Solana Market

Pumpfun has transferred a significant amount of SOL to Kraken, raising concerns about selling pressure in the Solana market amidst declining memecoin trading activity.

Bitcoin ETF Inflows Surge Amid Improved Macro Sentiment

Bitcoin ETFs recorded significant net inflows of $1.323 million on July 17, indicating renewed demand for Bitcoin through regulated investment products.

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