Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
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Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Coin Edition

2023-01-30 13:19:00

Coinbase Exec Says SBF Was Behind 2022’s stETH De-peg

Coinbase Exec Says SBF Was Behind 2022’s stETH De-peg

Conor Grogan, Director at Coinbase, has alleged that Sam Bankman-Fried and his quantitative trading firm Alameda Research were directly involved in a series of trades that led to the de-pegging of staked Ether (stETH) in June last year. This de-pegging was previously identified as one of the contributing factors in the bank run of the The post Coinbase Exec Says SBF Was Behind 2022’s stETH De-peg appeared first on Coin Edition .

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