Hedge fund Galois Capital says half its capital stuck on FTX exchange, Financial Times reports | Reuters

https://www.reuters.com/technology/hedge-fund-galois-capital-says-half-its-capital-stuck-ftx-exchange-ft-2022-11-12/

Edward Storm quick thoughts-

This is certainly giving the entire cryptocurrency industry horrible press and shows the need for some transparency in a number of areas. If you are a believer in cryptocurrency and believe that many cryptocurrencies especially Bitcoin have a tremendous future globally in the years to come and decades to come, these types of disastrous events are very discouraging and make me worry that the general public will lose faith in the entire industry right when it has been on the cusp of mainstream acceptance. I’d love to hear your thoughts to any of my readers please do so by utilizing the commentary boxes below or by emailing me. bitcoinjobs@usa.com.

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