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Cryptocurrencies: 27825
Markets: 115972
Market Cap: $3,481,025,071,655     
24h Vol: $235,729,597,388
CoinTelegraph 2022-11-10 05:40:25

Sequoia Capital marks down entire $214M FTX stake to zero

Sequoia Capital marks down entire $214M FTX stake to zero
The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.
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