FatMan: Jump once collaborated with Alameda to boost Serum's fully diluted valuation

2022-11-13 10:54:56
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ChainCatcher news, according to cryptocurrency and financial researcher FatMan's tweet, in May of this year, an employee from Jump Crypto, the crypto trading division of Jump Capital, revealed that Alameda and Jump were collaborating to fraudulently inflate the fully diluted valuation (FDV) of the decentralized exchange Serum on Solana beyond its actual value.

Shortly after that tweet was posted, SBF blocked FatMan. FatMan stated that a thorough investigation is needed into Jump's role in facilitating the FTX collateral fraud. (source link)

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