Jump Crypto President Kanav Kariya departs firm
Quick Take
- Jump Crypto President Kanav Kariya announced that his last day at the firm was June 24.
- Kariya leaves after the CFTC reportedly launched an investigation into Jump Crypto last week.
Kanav Kariya, president of the venture firm Jump Crypto, is leaving after three years in his role. He announced the departure on the social media platform X, noting that June 24 was his last day at Jump.
"As for what’s next, I plan to stay engaged with the portfolio companies I’ve been most involved with and hopefully take some time to process the unbelievably eventful few years we’ve had," Kariya said. "It’s also a greatly welcome opportunity for me to catch up on relationships and reading that I had set on the back burner. Barring that, I’m going to attempt to be patient for inspiration to deeply strike until I manically commit myself to the next effort."
Kariya had previously served as Jump Crypto’s Director of Strategic Initiatives for Digital Assets and a quantitative researcher before becoming president in 2021, according to his LinkedIn profile.
Last week, the United States Commodity Futures Trading Commission reportedly launched an investigation into Jump. The probe revolves around the firm's trading, investing, and other crypto involvement, but it is not an indication of wrongdoing.
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