PANews reported on June 24 that Jump Crypto President Kanav Kariya announced his resignation on the X platform, ending his six-year career at Jump Trading. Kanav Kariya said he will continue to stay in touch with the portfolio companies he is involved in, and said he plans to use this time to deal with some events that have occurred in the past few years.

Earlier on June 20, people familiar with the matter said that the US CFTC is investigating Jump Crypto.