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FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'

According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.”

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'

According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.”

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 Cointelegraph

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