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
Sui Network Faces Six-Hour Outage Due to Consensus Bug
Sui Network experienced a six-hour outage on January 14 due to a consensus bug, but user funds remained safe.
Market Cap Expansion Confirms Bullish Shift for ORDIUSDT
The market cap of ORDIUSDT has seen a sharp increase, confirming a bullish shift in the market.
Commodity Markets Cool as Geopolitical Premium Fades
Commodity markets softened as geopolitical risks eased, with oil prices extending losses and precious metals like gold and silver dipping.
Japanese Equities Decline Amid Political Uncertainty and Strong Yen
Japanese equities fell as the yen strengthened, impacting exporter-heavy stocks amidst political uncertainty.
India's Exports to China Surge Amid US Tariff Challenges
India's exports to China surged by 6735 in December, reaching a total of 205 billion, as exports to the US declined due to tariffs.
India Adapts Trade Strategies in Response to US Tariffs
India is adapting its trade patterns in response to US tariffs, focusing on increasing exports to China and exploring new economic collaborations.
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