The U.S. CFTC is investigating Jump Crypto: focusing on the company's cryptocurrency business

According to a report by the financial magazine "Fortune", the U.S. Commodity Futures Trading Commission (CFTC) is currently investigating Jump Crypto, a subsidiary of Jump Trading, the world's top market maker, focusing on the company's cryptocurrency business, such as cryptocurrency Currency trading and investing.

The report quoted people familiar with the matter as saying that the launch of an investigation by the authorities does not necessarily mean that Jump Trading has engaged in misconduct. It is still unknown whether the US CFTC will file charges against the company.

Jump Trading has been involved in cryptocurrency trading many years ago, and it also established the digital asset department Jump Crypto specifically for this purpose.

In response to the above news, Jump Trading declined to comment, and the U.S. CFTC did not respond to requests for comment from multiple foreign media in a timely manner.

In the civil lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Terraform Labs and Do Kwon, the authorities stated that a "U.S. trading company" had helped support the price of UST to mislead investors. Foreign media later broke the news that this company The company is Jump Trading, but the US SEC has not yet filed any charges against Jump Trading.

Due to the collapse of FTX and the collapse of UST, the US government’s regulatory actions against the cryptocurrency industry have continued to escalate. Jump Trading decided to withdraw from the US cryptocurrency market in May last year.

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