December 1, 2022

Hedge funds left with billions stranded on FTX

Hedge funds left with billions stranded on FTX

Hedge funds left with billions stranded on FTX

Hedge funds have billions of {dollars} caught on failed cryptocurrency change FTX and will face years of ready to get better something in any respect from a market they as soon as believed to be one of many business’s most dependable bets.

In a state of affairs harking back to Lehman Brothers in 2008, which left billions of {dollars} of hedge funds’ belongings trapped for years, buyers who traded on the Bahamas-based change have discovered themselves among the many hundreds of collectors in a extremely advanced…

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