The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022.
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The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022.
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It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer.
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The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.
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The Twitter deal is back on this month, and Binance confirmed to Cointelegraph that it intends to support the deal as part of its push for Web3 adoption.
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