Bitcoin (BTC) $78,905.24 -1.79%
Ethereum (ETH) $2,239.72 -1.04%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 90.585503 -3.69%
Cardano (ADA) $0.26 -2.57%
Chainlink (LINK) $10.07 -0.95%
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Polygon (MATIC) 0.25693 2.45%
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Cryptocurrencies: 28937

Markets: 114101

Market Cap: $2,632,446,458,767

24h Vol: $89,787,096,274

CoinGape

2022-11-18 03:51:48

This Crypto Venture Firm Reportedly Lost Close to A Billion Dollars on FTX

This Crypto Venture Firm Reportedly Lost Close to A Billion Dollars on FTX

The FTX contagion is spreading wide and fast! On Thursday, November 17, crypto venture giant Multicoin Capital told its investors that the FTX collapse has pushed the fund down by a staggering 55% over the last month. Multicoin believes that there’s a possibility of recovering some of its assets from FTX in the future. However, The post This Crypto Venture Firm Reportedly Lost Close to A Billion Dollars on FTX appeared first on CoinGape .

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