Hedera-based lending protocol Bonzo Lend lost approximately $9 million after an attacker manipulated the price of SAUCE collateral via a flaw in Supra's oracle verifier. The exploit allowed the attacker to borrow significantly more assets than deposited, highlighting risks in DeFi protocols.
The Trump administration, via the DOJ and 17 state attorneys general, has filed a civil suit against major egg producers, accusing them of a coordinated scheme to inflate egg prices by manipulating benchmark quotes from Urner Barry Publications.
Three major egg producers, Cal-Maine Foods, Versova, and Hickman's Egg Ranch, have agreed to a $3.3 million settlement with the DOJ and 17 state attorneys general over allegations of price manipulation. The companies also agreed to donate 53 million eggs.
Roni Cohen-Pavon, former CRO of Celsius, sentenced to time served + 1 year supervised release for fraud/conspiracy. Tornado Cash co-founder Roman Storm may face retrial in SDNY for money laundering & sanctions violations.
RAVE is trending inside a descending channel pattern, and is about to test the lower trendline target near $0.30 amid price manipulation concerns.
