coinpedia
2022-11-18 08:03:30

Multicoin Capital to Write Off All Its FTX Positions, More Than $850M

The post Multicoin Capital to Write Off All Its FTX Positions, More Than $850M appeared first on Coinpedia Fintech News The crypto market’s downward movement for the year 2022 started from the Terra (LUNA) crash. While the market was still recovering where Bitcoin was gradually moving above, the FTX-Alameda crisis made it worse. The crisis has affected many other firms including Genesis Trading, BlockFi and Gemini. Now, with the latest updates, the reports reveal that …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.