federal prosecutor

  • US Federal Prosecutor Investigating Possible Market Manipulation Involving FTX Subsidiary

    On March 14, according to the source, the United States federal prosecutor in Manhattan is investigating the conversation between Jump, Jane Street and Alameda Research, a bankrupt FTX subsidiary, about the Telegram chat group that may rescue UST in May last year, and whether it involves possible market manipulation. Bloomberg: US prosecutors are investigating the group chat records of Jump, Alameda and others related to the rescue of the destabilized currency UST in May last year Analysis based on this information:The United States federal prosecutor in Manhattan is investigating a conversation that occurred in May 2020 between Jump, Jane Street, and Alameda Research, a bankrupt FTX subsidiary, regarding the Telegram chat group that may rescue the UST. It is being investigated whether or not this conversation involves possible market manipulation. Market manipulation is the act of artificially inflating or deflating the price of an asset for personal gain or to manipulate the market. In this case, the conversation between these…

    03/14/2023
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