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Galois stated in the letter that FT-cited clients would receive 90% of the money not stranded on FTX upon the liquidation. But, up until the conclusion of negotiations 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 Hedge funds and other distressed investors rejoiced last month when bankruptcy managers said the corporate carcass of FTX, Sam Bankman-Fried’s collapsed Crypto hedge fund Galois Capital has closed its flagship fund after losing almost half of its capital in the FTX collapse, and later selling the claim to the assets. The

FTX Exposed: Hedge Fund Galois Capital Shuts Down, Promises Users 90% Return

The FTX collapse continues to ripple through the financial world. Hedge fund **Galois Capital**, one of the victims of the FTX meltdown, has announced the closure of its flagship fund after losing nearly half its capital trapped on the bankrupt exchange. This news follows months of uncertainty for investors and further exposes the devastating impact of the FTX scandal. **Hedge fund Galois Capital** closed its flagship fund after losing almost half of its capital in the FTX collapse, and later selling the claim to the assets. The closure marks a significant blow to the cryptocurrency investment landscape and highlights the risks associated with centralized exchanges. According to a letter cited by Galois Capital, FT-cited clients would receive 90% of the money not stranded on FTX upon the liquidation. But, up until the conclusion of negotiations. This partial recovery offers a glimmer of hope for affected investors, though the road to full recovery remains uncertain. **Galois stated in the letter that FT-cited clients would receive 90% of the money not stranded on FTX upon the liquidation. But, up until the conclusion of negotiations** regarding the claim sale. This surprising announcement followed the initial shock of having assets frozen on the now-infamous exchange. **Hedge funds and other distressed investors rejoiced last month when bankruptcy managers said the corporate carcass of FTX, Sam Bankman-Fried’s collapsed Crypto** empire, held substantial recoverable assets. The opportunity to purchase claims against FTX has become a lucrative, albeit risky, venture for some. While the future of other FTX-affected firms remains unclear, **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** decided to shut down, choosing to return capital to investors where possible, albeit at a significant loss. The promise of 90% return offers some consolation, but the event serves as a stark reminder of the volatility and risk inherent in the cryptocurrency market, particularly when dealing with centralized entities like FTX. The closure of Galois Capital represents another chapter in the ongoing saga of **FTX exposed**, a story that continues to unfold and impact the broader financial ecosystem.

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