(Reuters) – The U.S. Commodity Futures Trading Commission (CFTC) is investigating Jump Trading’s involvement in the cryptocurrency space, Fortune reported on Thursday, citing a person familiar with the matter.
The investigation found no evidence of wrongdoing and it was unclear whether the regulator had considered the allegations against the trading firm, the report said.
Jump has been a crypto trader for years and also started a business to explore and research blockchain technology.
While the approval of spot Bitcoin exchange-traded funds earlier this year spurred optimism among crypto investors, regulators have maintained their tough stance against the sector.
Major crypto executives accused regulators of overreaching and warned that a heavy-handed approach could cause them to move their companies overseas.
A spokesman for Jump’s crypto unit declined to comment. The CFTC did not immediately respond to Reuters’ request for comment.
(Reporting by Niket Nishant in Bengaluru; Editing by Alan Barona)
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