Cryptocurrency Q&A
Which Crypto firms are exposed to FTX?
Which Crypto firms are exposed to FTX?
Thu Jan 09 2025
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7 answers
1822
Several crypto firms were exposed to FTX, including major counterparties and customers such as Genesis, Galaxy Digital, Wintermute, and crypto hedge fund Galois Capital. These firms had disclosed their exposure to FTX following its collapse.
7 answers
Sat Jan 11 2025
Other crypto firms may also be affected by FTX's troubles, either by holding tokens on the exchange or by owning FTX's native token, FTT.
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Sat Jan 11 2025
BlockFi and Genesis, two prominent companies in the crypto industry, have recently taken the decision to halt customer withdrawals.
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Sat Jan 11 2025
This move comes in the wake of revelations about the extent of FTX's influence and reach in the market.
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Sat Jan 11 2025
Both firms have connections to FTX or its affiliated crypto trading firm, Alameda Research, which has led to concerns regarding their financial stability.
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Sat Jan 11 2025
The suspension of withdrawals is a precautionary measure to assess the full impact of FTX's situation on their operations.
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