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.

Insiders revealed that Jump Trading has divested its Wormhole business, with Wormhole executives including CEO Saeed Badreg and COO Anthony Ramirez resigning in recent weeks to operate Wormhole as an independent entity. Jump previously injected about $320 million into Wormhole after the project suffered a large-scale hack two years ago. Wormhole is part of Jump Crypto, which has been shrinking along with its parent company's reduced investment in the cryptocurrency market this year. Insiders said that after the split, the number of employees at Jump Crypto has decreased by about half since reaching a peak of around 150 in 2022.