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3232Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
https://www.digit.info/major-vc-firm-sequoia-capital-marks-ftx-investment-to-0-says-liquidity-crunch-has-created-solvency-risk-for-ftx/
Thu, 10 Nov 2022 21:30:37 +0000https://www.digit.info/2022/11/10/major-vc-firm-sequoia-capital-marks-ftx-investment-to-0-says-liquidity-crunch-has-created-solvency-risk-for-ftx/Read more]]>Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this time.” Sequoia Capital Deems Its Investment in […]
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this time.” Sequoia Capital Deems Its Investment in […]