Hedge fund closes operations after losing funds in FTX exchange: Report By Cointelegraph

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Hedge fund Galois Capital, one of the victims of the FTX collapse, has thrown in the towel after half of its assets got trapped in the bankrupt exchange. The fund has finally decided to shut down and return its remaining assets to investors.

On Nov. 12, 2022, the hedge fund admitted in an announcement from its official Twitter account that it had significant exposure to the FTX exchange.