• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Which companies were affected by the collapse of FTX?

Which companies were affected by the collapse of FTX?

user avatar

by dapp_writer005

3 years ago


After the collapse of the FTX crypto exchange, which began in early November, many cryptocurrency companies began to feel the consequences of this incident. 

The American venture capital fund Sequoia Capital lost $210 million in investment due to FTX cooperation. The BlockFi platform announced the suspension of the withdrawal of funds. The company did not comment further. However, users have speculated that the exchange may be insolvent.

Also, celebrities who acted as ambassadors lost their investment in FTX. For example: football player Tom Brady, basketball player Steph Curry and tennis player Naomi Osaka.

Studio ATMTA, which develops and releases the Star Atlas metaverse on the Solana blockchain, has lost half of its funds. The director of the company does not say how much was invested in FTX. However, he warned players of significant risks.

The Galois Capital fund team tweeted that about $40 million is stuck on FTX. It is possible that it could take several years to return the funds.

The exact amount of damage is still unknown, since every day information is received from the affected exchanges and the list is replenished with new names. 

Earlier, a post appeared that the SEC began to closely study the activities of the head of FTX.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

IntentX - Trade derivatives in DeFi with institutional liquidity

chest

Amid rapid DeFi growth, IntentX offers an innovative derivatives trading solution—not just an exchange, but an infrastructure platform merging traditional market power with blockchain benefits.

user avatarMax Nevskyi

FuzzLand Review: How the Platform Redefines Security Standards for DeFi and Smart Contracts

chest

A detailed overview of FuzzLand — an automated Web3 security platform combining fuzzing, formal verification, and 24/7 on-chain monitoring to protect DeFi protocols and smart contracts.

user avatarElena Ryabokon

Comprehensive Review of Fordefi: MPC Security, Institutional Custody, and Advanced Access to DeFi

chest

In-depth review of Fordefi: an institutional MPC wallet offering secure Web3 access, advanced governance policies, and reliable infrastructure for managing digital assets and DeFi operations.

user avatarElena Ryabokon

Overworld: A New Perspective on Web Games with Collectibles

chest

Overworld is an innovative web-based game that combines engaging Rogue gameplay with PvE and PvP. The project integrates collectible digital assets, adding strategy and a sense of ownership, and is available directly in the browser.

user avatarMax Nevskyi

Project Xeno: a blockchain game with NFT heroes, dual tokenomics and 3v3 tactical battles

chest

Project Xeno is a mobile tactical GameFi title featuring NFT characters, GXE and UXE tokens, a built-in marketplace and strategic 3v3 PvP combat.

user avatarMax Nevskyi

Project Xeno: блокчейн-игра с NFT-героями, дуальной токеномикой и боями 3×3

chest

Project Xeno — мобильная тактическая GameFi-игра с NFT-персонажами, токенами GXE и UXE, развитым маркетплейсом и стратегическими PvP-сражениями 3×3.

user avatarMax Nevskyi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.