Travis Kling, the founder of the company and chief investment officer, stated that Ikigai Asset Management, a California-based hedge fund, had a “vast majority”, or “vast majority,” of its assets on the now-defunct cryptocurrency trading platform FTX. Kling tweeted Monday that Ikigai was affected by the FTX crash. The majority of the assets of this hedge were destroyed.
CoinGape’s first article, This Hedge Fund Loses Most Funds to FTX Bankruptcy, appeared first on CoinGape.