Which Firms Have been Affected by FTX’s Collapse?

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Which Firms Have been Affected by FTX’s Collapse?


Cointelegraph | Ezra Reguerra  | Nov 17, 2022

Which Firms Have been Affected by FTX’s Collapse?

Picture: Unsplash/Charl Folscher

Picture: Unsplash/Charl Folscher

Whereas the FTX collapse might have had a extreme impact on the broader crypto market, some firms bore the brunt of the impression and had been immediately hit by the storm

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  • BlockFi:  crypto lending agency BlockFi has additionally admitted having “vital publicity to FTX and related company entities.”
  • Crypto.com: The CEO highlighted that their publicity to the agency is just below $10 million.
  • Wintermute: agency that made headlines after shedding $160 million in a hack, has additionally admitted that it had some remaining funds on the FTX alternate.
  • Multicoin Capital: Enterprise capital agency Multicoin Capital reportedly has round $863 million in belongings frozen inside the FTX alternate.
  • CoinShares: agency famous that it was capable of scale back its general publicity to $31.5 million and guaranteed its group that the agency’s monetary state stays robust.
  • Amber Group: announcement that the publicity is just restricted to lower than 10% of its whole buying and selling capital.
  • Pantera Capital: funding agency famous that it suffered some dangers and losses from the FTX collapse.

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