$200 Million Galois Crypto Hedge Fund Shuts Down as Half of Assets Stuck on FTX Exchange – This is What Happened
Crypto hedge fund Galois Capital has closed its flagship fund after losing almost half of its capital in the FTX collapse, and later selling the claim to the assets. The hedge fund confirmed the news in a Twitter thread...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The hedge fund confirmed the news in a Twitter thread on Monday, where it said, “it is true that our flagship fund is shutting down.” It added that it lost almost half of its assets in the FTX collapse, and that it later “sold the claim for cents on the dollar.”...
Read More: $200 Million Galois Crypto Hedge Fund Shuts Down as Half of Assets Stuck on FTX Exchange – This is What Happened
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
MARA Ships $83 Million in Bitcoin to Exchanges as Its Stock Sinks 45%
Wallets tied to MARA Holdings, one of the largest public bitcoin miners, have moved 1,000 BTC worth about $82.8 million to crypto...
Hackers Still Hold $287 Million in Stolen Crypto That Can’t Be Frozen, Blockaid Report Says
Hackers who stole crypto this year still control $287.1 million in wallets that investigators can watch but have no means to freez...
Visa and Mesh Unlock Crypto Spending Across 175 Million Merchant Locations Worldwide
Key Takeaways: Visa is partnering with Mesh to provide crypto and stablecoin payments at over 175 million merchant locations. The...
StakerX’s AI Agent Surpasses Passes $40M Staked Assets on Solana Within Three Months of Launch
Zug, Switzerland, October 19th, 2026, Chainwire StakerX’s AI Agent Surpasses Passes $40M Staked Assets on Solana Within Three Mont...
Strategy Raises Its Preferred Buyback Cap to $3 Billion After Another $193 Million STRC Week
Strategy’s board approved a $1 billion increase to the company’s preferred stock buyback program, bringing the total it can spend...
No ‘Uptober’ Yet: Bitcoin Slips 2% in a Month That’s Historically Bullish
Bitcoin Magazine No ‘Uptober’ Yet: Bitcoin Slips 2% in a Month That’s Historically Bullish Bitcoin’s price retook $82,000 on Monda...