Неколико крипто компаније and firms are beginning to feel the extent of the damage of the FTX collapse, as some of them have funds stuck in the exchange.
While some of the affected companies have started disclosing their exposure, the extent of the damage could be far bigger than imagined, considering the amount that went up in smoke over the past couple of days.
Crypto Companies Feel The Pinch
Venture capital firm Sequoia Capital has announced a loss of its $213.5 million investment in the exchange. In a letter sent to its partners, it stated that it was marking down its investment to zero.
Since the incident, at least one crypto lender BlockFi has paused withdrawal. While the firm did not disclose the extent of its exposure, its decision has birthed speculations that it might be insolvent.
Several celebrities like Tom Brady, Steph Curry, and Naomi Osaka would also be recording losses. All were appointed global ambassadors of the firm last year.
Previously, crypto lending firms that paused withdrawals, like Celsius and Voyager, following the Земља LUNA crash filed for стечај due to the extent of their exposure.
Start Atlas Reveals it Lost Half of its Cash
Студио који стоји иза гејминг метаверзума Стар Атлас, базиран на Солани, открио је да је изгубио половину своје готовинске писте због колапса ФТКС-а.
Source: https://beincrypto.com/crypto-companies-start-toppling-like-dominoes/