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Does jump Crypto have FTX exposure?

Jump's exposure to FTX was managed in accordance with our risk framework and we remain well capitalized. In February 2022, Jump Crypto paid $320 million to bail out token bridge Wormhole after hackers stole $325 million in Wormhole-wrapped ether on Solana.

Did FTX Ventures invest in the Aptos blockchain?

FTX Ventures participated in funding rounds for some of the largest names in crypto, including Bored Ape Yacht Club creator Yuga Labs, USDC stablecoin issuer Circle and two different fundraises for the Aptos blockchain.

Why did jump withdraw $300 million from FTX?

Indeed, Jump was accused of colluding with Sam Bankman-Fried’s Alameda Research on seed funding rounds and yield farming investments. It’s also been alleged that Jump withdrew $300 million in assets from FTX the day before the exchange paused withdrawals. That wallet spent a few days routing USDT and USDC to two other Ethereum addresses.

What is FTX ventures?

FTX Ventures invests in equity and/or tokens, at any check size and stage of blockchain. View contacts for FTX Ventures to access new leads and connect with decision-makers. FTX Ventures invests in equity and/or tokens, at any check size and stage of blockchain. It leverages resources across FTX and the ecosystem of global partners.

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