Bitcoin (BTC) $108,979.46 0.75%
Ethereum (ETH) $2,561.27 1.82%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 151.721096 2.52%
Cardano (ADA) $0.59 2.74%
Chainlink (LINK) $13.46 2.31%
Litecoin (LTC) $88.26 2.02%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 2.255199 2.00%
Dash (DASH) $20.13 1.51%
X-CASH (XCASH) 3.0E-6 2.01%
Dogecoin (DOGE) $0.00 3.25%

Cryptocurrencies: 26585

Markets: 104250

Market Cap: $3,363,512,843,742

24h Vol: $68,523,822,230

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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