FTX Ventures Head Amy Wu Resigns
Wu, a former partner at Lightspeed Venture Partners who joined FTX in January to build a $2 billion venture fund, announced her resignation on Thursday after the crypto exchange’s VC arm was left in ruins this week in a Lehman Brothers-like fashion. Wu confirmed her departure to The Information.
In her previous capacity as a partner at FTX Ventures, she invested in blockchain gaming startup Faraway and was an early supporter of Web3 startups Offchain Labs and Faraway.
Coincu also previously reported that the staff of the FTX Future Fund, one of the FTX Foundation’s branches, announced their resignation.
The news of Wu comes after FTX announced CEO Sam Bankman-Fried resigned and FTX, FTX US, Alameda filed for Chapter 11 bankruptcy.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…
The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…
UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
This website uses cookies.
