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Are FTX venture capital funds tracked?
The transformation of value in the digital age. The latest documents claim that the venture capital arm’s funds were barely tracked. Crypto exchange FTX established a $2 billion venture capital fund early this year, instantly becoming one of the crypto industry’s largest funds.Are jump Crypto and FTX in a relationship?
Over the years, Jump Crypto, the crypto-specific arm of Chicago-headquartered trading firm Jump Trading, has worked alongside some of the most prominent firms and individuals in the crypto space. However, it’s also been embroiled in its fair share number of high-profile controversies. Jump and FTX go way back and the relationship is a deep one.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.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.