• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Whistleblower Reveals Jump Trading Alleged Fraud in UST Collapse: Analysis

user avatar

by Giorgi Kostiuk

2 years ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Zashi Mobile Wallet Rebrands to Zodl Amid Governance Changes

chest

The Zashi mobile wallet is rebranding to Zodl as its developers operate outside the Electric Coin Company structure.

user avatarDavid Robinson

BRICS Payment System Enters Operational Phase

chest

The BRICS payment system is now operational, connecting central banks from China, India, Egypt, and the UAE through a Brazil-backed network.

user avatarAndrew Smith

Cryptocurrency Industry Gears Up for 2026 Midterms with $193 Million in Funding

chest

The cryptocurrency sector is preparing for the 2026 midterm elections, entering the year with over $193 million in cash on hand.

user avatarZainab Kamara

Shiba Inu Launches SOU Recovery Framework for Affected Users

chest

Shiba Inu has launched the SOU recovery framework for users affected by the Shibarium bridge exploit, allowing compensation claims through on-chain NFTs.

user avatarJacob Williams

Urgent Call for Action on CLARITY Act as Midterm Elections Near

chest

As the midterm election campaign season approaches, key figures in the crypto industry are urging lawmakers to advance the CLARITY Act.

user avatarSon Min-ho

Bo Hines Expresses Optimism for CLARITY Act Amid Delays

chest

Former White House crypto adviser Bo Hines expresses optimism for the passage of the CLARITY Act despite current delays and challenges from the banking industry.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.