Investors Sue Sequoia, Paradigm, And Thoma Bravo For Promoting FTX Legitimacy

Investors of the now-bankrupt cryptocurrency exchange, FTX, have taken legal actions against venture capitalists and equity firms that supported the crypto exchange. The FTX users allege that these equity firms falsely promoted the legitimacy of FTX. Bloomberg’s report on the class-action lawsuit filing noted that the embittered investors listed Sequoia Capital, Thoma Bravo, and Paradigm