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CoinShares Confirms $30.3 Million Exposure to FTX

2022/11/10 16:22

Crypto investment and trading group CoinShares has announced it was exposed to the cratering crypto exchange FTX to the tune of roughly $30.3 million.CoinShares said in a statement Thursday that it has 190 Bitcoin and 1,000 Ethereum locked up in FTX, worth about $4.3 million in total. The firm said it requested to pull those funds from the exchange before FTX announced it was halting withdrawals, but that those transactions are still pending.
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