- The CFTC is investigating Jump Crypto, a company that was once one of the major players in the cryptocurrency space.

- Jump Crypto has experienced turbulence over the past three years, including multiple hacks and crashes.

- Jump publicly announced its cryptocurrency division, Jump Crypto, in September 2021 and appointed Kanav Kariya as president.

- Jump was once a major market maker for multiple cryptocurrency projects and a top venture investor in the space.

- Jump was involved in the $325 million hack of Wormhole and lost nearly $300 million in the FTX crash.

- Jump was accused of secretly supporting Terra's stablecoin in the case of Terraform Labs and Do Kwon, but was not accused of violating the law.