THE CFTC IS PROBING JUMP CRYPTO, PREVIOUSLY ONE OF THE SECTOR'S BIGGEST PLAYERS

Summary from the TLDR Crypto newsletter

The Commodity Futures Trading Commission is investigating trading firm Jump's involvement in the crypto industry. Jump Crypto is one of the most active market makers and investors. It has helped develop Wormhole, Pyth, and Solana's Firedancer client. Jump's controversies include Wormhole's $325 million hack, being a market maker for FTX, and being accused by the SEC of propping up Terra's stablecoin peg.