Crypto Finance Firm Galaxy Digital Reveals $76.8M Exposure Linked to FTX

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.novogratz's crypto finance firm Galaxy Digital revealed in its quarterly results that it has a $76.8 million exposure to FTX_Official. By parikshitm899

Of the $76.8 million, close to $47.5 million is in the process of being withdrawn, the firm said.

The firm also reported net loss of $68.1 million in the third quarter compared to a profit of $517.9 million in the same period last year. Galaxy Digital also said that effective mid-January 2023, Damien Vanderwilt will step down from his role as co-president.at least 20% of its global workforce, according to sources.

 

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