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Jump Crypto Ranks Third in Bitcoin Holdings, Trailing Only Binance and Bitfinex
Jump Trading’s Jump Crypto, controlled by Jump Trading, is the third-largest Bitcoin holder, with a total of $30.8 billion. The company has been linked to major crypto events, including the Terra Luna crash and FTX’s bankruptcy. (Read More)
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Bitcoin Wallet Xverse Secures $5 Million Seed Funding Led by Jump Crypto
Today, Hong Kong-based start up Bitcoin wallet Xverse announced they have successfully closed a $5 million seed funding round, according to a press release sent to Bitcoin Magazine. The round was spearheaded by Jump Crypto, a prominent name in the blockchain investment realm, and saw the participation of several other backers including RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old…
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Jump Crypto profited from Terra Luna as investors lost billions
Sources familiar with the Securities and Exchange Commission’s (SEC) lawsuit against Do Kwon have named Jump Crypto as the beneficiary of $1.28 billion dollars in profit from his decimated crypto empire, Terra Luna. Do Kwon is facing civil charges in the US. The SEC alleges that he and his company, Terraform Labs, raised billions of dollars through unregistered securities. At its peak, Terra…
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