The high-frequency trading firm Folkvang deposited half of its equity into FTX before the collapse of FTX
ChainCatcher news, according to CoinDesk, Mike van Rossum, founder of the Singaporean crypto high-frequency trading firm Folkvang, stated that the company managed $400 million in assets in 2021, including equity and loans, and had deposited half of its equity on FTX before the collapse. Folkvang is an entity on the list of the top 50 creditors of FTX. However, Folkvang continues to operate. (Source link)
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
