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Cryptocurrencies: 25987
Markets: 101269
Market Cap: $3,009,436,893,907     
24h Vol: $83,696,200,547
cryptonews 2023-02-21 13:35:00

$200 Million Galois Crypto Hedge Fund Shuts Down as Half of Assets Stuck on FTX Exchange – This is What Happened

$200 Million Galois Crypto Hedge Fund Shuts Down as Half of Assets Stuck on FTX Exchange – This is What Happened
Crypto hedge fund Galois Capital has closed its flagship fund after losing almost half of its capital in the FTX collapse, and later selling the claim to the assets. The hedge fund confirmed the news in a Twitter thread on Monday where it said “it is true that our flagship fund is shutting down.” It added that it lost almost half of its assets in the FTX collapse, and that it later “sold the claim for cents on the dollar.”... Read More: $200 Million Galois Crypto Hedge Fund Shuts Down as Half of Assets Stuck on FTX Exchange – This is What Happened
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