Wall Street Journal reporter: Jump not accused of any wrongdoing

According to ChainCatcher news, Wall Street Journal reporter Alexander Osipovich published an article stating that Jump Trading is an important supporter of Do Kwon Kwon’s Terra/Luna project. Public displays show Kwon developing a close relationship with Jump Crypto president Kanav Kariya. Kanav emphasized that they should communicate through Signal.

Jump co-founder Bill DiSomma approved risking "hundreds of millions of dollars" to save UST. Jump's role in saving UST has been acknowledged internally at Terraform Labs. However, in external communications, Terraform Labs makes no mention of Jump's role in restoring anchoring.

The SEC believes Terraform Labs’ failure to disclose Jump’s role constituted securities fraud. So does the jury. Jump has not been accused of any wrongdoing.