Former Terra researcher: Jump Trading may prevent on-chain positions from being liquidated by manipulating Pyth price feeds

2022-11-27 23:04:02
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ChainCatcher news, former Terra researcher FatMan questioned the market maker Jump Trading, suggesting that it might manipulate the Pyth oracle to prevent certain on-chain positions from being liquidated, and even stated that a Jump employee revealed months ago that Jump intended to use Pyth to target retail positions.

Previously, 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 Serum beyond its actual value. (source link)

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