PANews reported on June 20 that Forbes, citing people familiar with the matter, reported that the U.S. Commodity Futures Trading Commission (CFTC) is investigating the cryptocurrency business of Chicago-based trading company Jump Crypto, including its trading and investment activities. Although there is currently no evidence of wrongdoing, the investigation reflects the regulator's growing attention and supervision of the crypto market. Jump Crypto launched its crypto division in 2021 and quickly became an important market maker and investor in the crypto industry. However, in recent years, the company has experienced a series of challenges, including being involved in the Wormhole hack and the collapse of FTX.
