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.

Was the fall of ftx a “massive setback” for crypto?

The executive director discusses why the fall of FTX was a “massive setback” for the industry but not the end for crypto, and what likely happened to the $73 million in political donations from Sam Bankman-Fried. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

What will the unwinding of ftx mean for crypto prices?

The unwinding of FTX, as well as its shock of confidence to the system, will cause crypto prices to fall even further leading to “a new cascade of margin calls,” said analysts at J. P. Morgan in a note to investors.

Is FTX the best executing team in crypto?

"We have been carefully watching the FTX team over the last two years. They are far and away the best executing team in crypto, and have blown away everyone's expectations.