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3232Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
https://www.digit.info/galaxy-digital-reveals-update-on-ties-to-ftx-partnership-has-exposure-of-approximately-76-8-million/
Wed, 09 Nov 2022 23:30:41 +0000https://www.digit.info/2022/11/09/galaxy-digital-reveals-update-on-ties-to-ftx-partnership-has-exposure-of-approximately-76-8-million/Read more]]>Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they had zero material exposure to the troubled exchange. Galaxy Digital Has […]
]]>Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research
https://www.digit.info/maple-finance-lending-pool-delegate-identified-a-number-of-key-weaknesses-tied-to-ftxs-alameda-research/
Wed, 09 Nov 2022 20:30:09 +0000https://www.digit.info/2022/11/09/maple-finance-lending-pool-delegate-identified-a-number-of-key-weaknesses-tied-to-ftxs-alameda-research/Read more]]>According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “identified a number of key weaknesses” associated with Alameda. Orthogonal Credit Found ‘Key Weaknesses’ Tied to FTX’s Alameda Research […]
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they had zero material exposure to the troubled exchange. Galaxy Digital Has […]
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “identified a number of key weaknesses” associated with Alameda. Orthogonal Credit Found ‘Key Weaknesses’ Tied to FTX’s Alameda Research […]