Crypto Blog
Do Kwon, the co-founder of Terraform Labs, is at the center of a legal storm as new revelations regarding the terraUSD stablecoin collapse in 2022 come to light.
The focus on Jump Trading arises from an incident a year prior when UST temporarily lost its peg to the U.S. dollar. Kwon had assured investors that the stablecoin maintained its $1 value due to its automated algorithm. However, experts from the SEC contend that Jump Trading played a critical role in stabilizing the coin’s value at Terraform Labs’ request.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents ShowJack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.
Baca lebih lajut »
Tropical Storm Tammy forms over the central Atlantic, becoming the 19th storm of hurricane seasonTropical Storm Tammy developed in the central Atlantic on Wednesday evening, becoming the 19th named storm of the 2023 Atlantic hurricane season. AccuWeather forecasters say it will impact some islands in the northeastern Caribbean before charting a course over the ocean&8217;s open waters, likely remaining to the east of Bermuda.
Baca lebih lajut »
4 more AISA schools will make jump into the AHSAA in 2024-2025Glenwood, Lee-Scott, Autauga and Pickens will join the AHSAA for the 2024-2025 school year.
Baca lebih lajut »
Watch Jared Leto Bungee Jump Onto Music Festival StageWatch Jared Leto as he bungee jumps onto a music festival stage.
Baca lebih lajut »
Oil prices jump 2% on supply worries after large U.S. stock drawdownOil prices jump 2% on supply worries after large U.S. stock drawdown
Baca lebih lajut »