FalconX says exposure to FTX represented 18% of its ‘unencumbered cash equivalents’ By Cointelegraph
December 11, 2022
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Cryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX.
According to the company, its assets locked on FTX represent only 18% of its “unencumbered cash equivalents.” However, the company added that this ratio fell well within their counterparty exposure limits.
Continue Reading on Coin Telegraph
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Cryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX.
According to the company, its assets locked on FTX represent only 18% of its “unencumbered cash equivalents.” However, the company added that this ratio fell well within their counterparty exposure limits.
Continue Reading on Coin Telegraph