Alameda-backed trading shop Folkvang says it can 'easily absorb' hit from FTX exposure

to as a"key player" on the FTX exchange by Bankman-Fried when Alameda made its investment in 2020.

There has been crypto twitter speculation that Folkvang might be heavily impacted by the financial woes of FTX and Alameda Research. Still, the firm said:"It has been a very dark and difficult few days for crypto." It added:"We are absolutely shocked and saddened by the events of the week but have full faith that we can come out of this stronger."

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FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific 'Sparring Partner' – Bitcoin News“At some point I might have more to say about a particular sparring partner, so to speak,” the FTX executive said. cz_binance can be his pen pal from prison... the sparring can continue. People and crypto believers in the FTX community deserve more from you. Throwing all the dirt in the fan📢
Source: BTCTN - 🏆 531. / 51 Read more »