Wu said that he learned that Kanav Kariya, president of Jump Crypto, announced his resignation after six years at Jump Trading. He also said that he would continue to stay in touch with the portfolio companies he is involved in, and planned to use this time to deal with major events in the past few years. In addition, he expressed his gratitude to Jump's leadership, team and partners. Previously, the US SEC began investigating at the end of 2023 whether Kanav Kariya had signed a secret agreement with Do Kwon of Terraform Labs during the collapse of the stablecoin TerraUSD.