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Breaking: Jump Crypto President Kanav Kariya Stepping Down Amid CFTC Probe

Cryptonews2024/06/24 17:07
By:Julia Smith

Jump Crypto President Kanav Kariya announced in a June 24 X post that he is stepping down from his position at the Chicago-based company just days after news broke that the Commodity Futures Trading Commission (CFTC) launched a probe into the trading firm.

“Today marks the end of an incredible personal journey for me. It’s my last day at Jump, a moment I’m receiving with both a heavy heart and great excitement about the road ahead,” Kariya wrote. “I’m leaving with a set of awesome relationships and unique, invaluable and shaping experiences.”

Kariya claims he will “stay engaged with the portfolio companies” he’s been involved with while taking “some time to process the unbelievably eventful few years” he has had leading the trading giant.

Editorial note: This story is currently being added to. For the full story check back soon as we add more information and/or perspectives from those involved.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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