The FTX contagion: Which companies were affected by the FTX collapse?
The collapse of FTX, one of the biggest crypto exchanges in the world, earlier this month sent shockwaves through the crypto world.
Furthermore, the trading firm clarified that this exposure is not material to the business and won’t get in the way of its operations. Despite the exposure, the company highlighted that it still has $1.5 billion in liquidity. While the company had trading relationships with the crypto exchange, the firm also clarified that it does not have an ongoing lending relationship with FTX or Alameda Research.
Source read time: 1 min - oodaloop.com
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