Terraform Labs' bankruptcy administrator seeks $4 billion from Jump Trading, alleging the firm profited $1.28 billion from secret LUNA deals that accelerated the 2022 crash.
Terraform Labs' estate seeks $4 billion from Jump Trading, alleging the firm made $1.28 billion profit buying LUNA at $0.40 through secret peg-defense deals.
Terraform Labs' bankruptcy administrator alleges Jump Trading made $1.28 billion by secretly propping up the UST peg in 2021, misleading investors about the algorithm's stability.
Senate confirms Michael Selig (CFTC) and Travis Hill (FDIC) in a 53-43 vote, leaving the CFTC with a rare 'sole commissioner' structure and signaling the…
White House Czar David Sacks confirms the Senate Banking Committee will markup digital asset legislation in January, moving to reconcile the House-passed CLARITY Act with…
Bitwise predicts a flood of 100 new crypto ETFs following SEC rule changes, but analysts warn centralized custody risks could trigger mass liquidations by 2027.