President of Jump Crypto steps down

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Kanav Kariya, the head of Jump Trading's digital asset division, has announced he is stepping down from the company following several developments since 2022.

Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022.

Kanav Kariya, the head of Jump Trading’s digital asset subsidiary, announced he is stepping down from his role as the president of Jump Crypto amid widespread reports of a Commodity Futures Trading Commission investigation. In a June 24 social media post, the now-former president of the crypto trading firm wrote that he intends to focus on personal relationships and reading while he searches for his next venture. Kariya also reflected on the last several years at Jump Crypto, which he characterized as “eventful.”) and other tokens on the Solana blockchain.

It is important to note that the CFTC investigation into Jump Crypto is not an indication of guilt or wrongdoing as the regulator has yet to many any findings.

 

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