FTX Teams Up with Galaxy to Strategically Manage Crypto Holdings Amid Bankruptcy
Now-defunct crypto exchange FTX has hired crypto firm Galaxy to handle its cryptocurrency holdings through selling, staking, and hedging. Led by crypto billionaire Mike Novogratz, Galaxy will provide advisory services to...
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Led by crypto billionaire Mike Novogratz, Galaxy will provide advisory services to FTX with the goal of limiting its exposure to adverse price movements, the company said in court filings submitted late on Wednesday....
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