Investment Firm Paradigm Still Optimistic About Crypto — Says 'Issues at FTX Are Precisely Ones Defi Can Solve' – Featured Bitcoin News

Investment Firm Paradigm Still Optimistic About Crypto — Says 'Issues at FTX Are Precisely Ones Defi Can Solve'

“We are shocked by the revelations about FTX, Alameda, and SBF,” he began. FTX and trading firm Alameda Research filed for Chapter 11last week. Both companies were founded by Sam Bankman-Fried , who has stepped down as the CEO of FTX. We feel deep regret for having invested in a founder and company who ultimately did not align with crypto’s values and who have done enormous damage to the ecosystem.

“We never traded on FTX and did not have any assets on the exchange. We have never been investors in related tokens such as FTT, SRM, MAPS, or OXY,” he clarified.

So what do you think the future trend of cryptocurrencies will be like?

UPDATED PRESALE DETAILS: ✅ Hardcap: 250 BNB ✅ Softcap: 125 BNB ✅ Min contribution: 0.1 BNB ✅ Max Contribution: 1.2 BNB ✅Presale Start Time 2022.11.19 14:00 (UTC) 0308

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Paradigm founder feels 'deep regret' over FTX investment, marks it down to zeroICYMI: Paradigm founder feels ‘deep regret’ over FTX investment, marks it down to zero Zero is not a realistic number in this instance. good_lesson_on_values_given_the_strict_stricter_contexts
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Temasek writes down $275 million investment in FTXTemasek, Singapore's sovereign wealth fund that manages some $300 billion, has written down hundreds of millions of dollars of investment in FTX to zero. I wanna see headlines on vcs getting fired for these bonkers investments
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Temasek Says Its FTX Investment Is Now Worth ZeroThe Singaporean investment fund said it conducted 8 months of due diligence on FTX in 2021 before buying a 1% stake in the exchange. Temasek FTX_Official thesamreynolds WOW Temasek FTX_Official thesamreynolds Smart move if they recoup anything it will be like winning lottery Temasek FTX_Official thesamreynolds some of the growing exchanges in singapore.
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