I'm wondering if Multicoin has any plans or ability to recover the funds that were invested in FTX, which has recently collapsed. Is there a chance for Multicoin to retrieve those losses, or are they considered gone forever?
7 answers
KDramaLegendaryStarlightFestival
Tue Nov 26 2024
Multicoin has recently faced a challenging situation regarding its funds.
CryptoMagician
Tue Nov 26 2024
The company anticipates difficulties in recovering its assets from FTX.
ethan_lewis_journalist
Tue Nov 26 2024
This is due to the involvement of these funds in bankruptcy proceedings.
Valentina
Mon Nov 25 2024
Prior to this, Multicoin had held a positive outlook on its financial status.
SamuraiCourageous
Mon Nov 25 2024
In July, it announced a significant fund of $430 million.