Wall Street Journal reporter: Jump has not been accused of any wrongdoing

Alexander Osipovich, a journalist for the Wall Street Journal, pointed out that Jump Trading is a key supporter of Do Kwon Kwon's Terra/Luna project. Public displays show that Kwon has established a close relationship with Jump Crypto's President, Kanav Kariya. Kanav emphasized that they should communicate through Signal. Jump co-founder Bill DiSomma approved the risky move to "spend billions of dollars" to save UST. Terraform Labs internally acknowledged Jump's role in saving UST. However, in external communications, Terraform Labs did not mention Jump's role in restoring anchoring. The SEC believes that Terraform Labs' failure to disclose Jump's role constitutes securities fraud. The jury agrees. Jump has not been accused of any wrongdoing.