Saturday, April 20, 2024

What the FTX collapse means for the hedge fund industry

Image credit: SALT New York

The crypto rollercoaster took another lurch this week with news that FTX, one of the largest exchanges in the sector, was on the brink of collapse.

No sector was more split by the rise of crypto than the hedge fund industry. From Manhattan to Mayfair, traders have been scrambling to see what the implosion means for their portfolios.

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