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3232Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX
https://www.digit.info/ikigai-exec-says-large-majority-of-crypto-asset-management-firms-funds-stuck-on-ftx/
Mon, 14 Nov 2022 21:30:15 +0000https://www.digit.info/2022/11/14/ikigai-exec-says-large-majority-of-crypto-asset-management-firms-funds-stuck-on-ftx/Read more]]>After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were stored on FTX. Ikigai chief investment officer, Travis Kling, told the public on Twitter and […]
]]>Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’
https://www.digit.info/hedge-fund-galois-capital-discloses-roughly-half-of-the-firms-capital-stuck-on-ftx/
Sat, 12 Nov 2022 19:30:10 +0000https://www.digit.info/2022/11/12/hedge-fund-galois-capital-discloses-roughly-half-of-the-firms-capital-stuck-on-ftx/Read more]]>According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry” about the turn of events. Galois […]