These Crypto Market Makers Were Wary of FTX Before Collapse

The Collapse of Crypto Exchange FTX More Like Enron Than Lehman

Trading firm Wintermute tweeted Nov. 9 that it had reduced its exposure to FTX after the insolvency concerns started. During the withdrawal pause, some of its funds were stuck, but the amount was “within our risk tolerances and does not have a significant impact on our overall financial position,” Wintermute said.

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