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Insiders: Jump is restructuring its U.S. crypto business and plans to expand its team

ChainCatcher news, according to CoinDesk, Chicago trading giant Jump is working to restore its U.S. cryptocurrency business to full operational status, after the company scaled back its related operations over the past two years due to regulatory scrutiny and uncertainty.Insiders revealed that while Jump has maintained digital asset trading and market-making activities in other parts of the world, cryptocurrency trading volume in the U.S. is currently accelerating. Jump plans to hire a group of crypto engineers and will begin to fill U.S. policy and government liaison positions in due course. Against the backdrop of the Donald Trump administration easing regulations, Jump believes now is the right time to restore its U.S. operations to full capacity.Jump became a focal point of regulatory scrutiny after the collapse of the Terra Luna stablecoin and FTX, which led to a contraction of its U.S. business, including the spin-off of the Wormhole project and halving the staff of the Jump Crypto division, which had about 150 employees in 2022.Industry insiders believe that Jump may participate in the U.S. crypto ETF space in the future, especially considering the potential approval of a Solana (SOL) ETF. Jump is known for its investments and development work in the Solana ecosystem, such as the Firedancer project, which is software designed to increase blockchain transaction throughput.

Community exposure: Ronaldinho sold his X account to a Shenzhen "token issuance" team for 5 million dollars

ChainCatcher news, according to X user @R10coin_, "Ronaldinho is collaborating with a team in China (Shenzhen) to issue tokens and defraud investors.In May 2024, @R10coin_ officially began discussions with Ronaldinho regarding the issuance of cryptocurrency. After more than six months of detailed negotiations, in January 2025, @R10coin_ formally signed a cooperation agreement with Mr. Ronaldinho. The total contract amount is 6 million USD, of which 3 million USD has been paid as a deposit after the contract was signed.Without communicating with @R10coin_ and without their consent, Ronaldinho signed another cooperation agreement worth 10 million USD with another company and received a 5 million USD deposit, subsequently starting to promote and warm up for that company's tokens.Investigations revealed that the company is located in Shenzhen, China, and its actions are extremely malicious. The company frequently releases worthless "meme" coins for false advertising, launching more than ten fraudulent virtual currency projects each month. They use exaggerated marketing tactics to quickly attract investor funds, employing a "quick harvest" model to rapidly pump and dump, harvesting investor funds within just one hour before fleeing with the money.Ronaldinho sold his X account for 5 million USD to a company in Shenzhen, China, to promote a cryptocurrency.As a victim, @R10coin_ hereby solemnly reminds all investors not to participate in any projects of this company.@R10coin_ publicly condemns the fraudulent actions of Ronaldinho and his partners and will disclose the contract signed with Ronaldinho as well as some promotional materials to prove his breach of contract and the original intention of @R10coin_'s cooperation."Note: Currently, Ronaldinho's X account has not responded to the above information.
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