Cryptoknowmics
2022-11-15 10:48:15

Sino Global Capital Speaks Out about FTX Exposure

Sino Global Capital, a Chinese cryptocurrency venture capital firm, has spoken out about the magnitude of its exposure to FTX. In a message posted on Twitter on November 15, the corporation claimed that its direct exposure to FTX, the exchange was constrained to mid-seven figures held in detention. There was no precise amount given. The letter further said that Sino is still in business and funding new businesses. pic.twitter.com/SMkYQmDXRK — Sino Global Capital (@SinoGlobalCap) November 15, 2022 Sino Global- Major Supporter of FTX In October of last year, Sino announced the opening of its first fund to outside investors. Since The post Sino Global Capital Speaks Out about FTX Exposure appeared first on Cryptoknowmics-Crypto News and Media Platform .

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