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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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