The Impacts Of FTX Collapse – Loss And Idleness | Part 4

Digital Surge had to stop their withdrawals due to the impact of FTX collapse, as well as Crypto Lender Salt. In addition, almost all the assets of Ikigai Asset Management, Maps.me and Oxygen have stuck alongside, they got very little out. Let’s review the main news of this with CoinCu:

Ikigai Asset Management Suffers Heavy Loss By FTX

Ikigai Asset Management was unable to Ikigai a significant portion of the vast majority of its assets that were stored on FTX. Given that FTX just sought Chapter 11 bankruptcy protection, this is a significant loss for Ikigai. For more specific information, you can read the article below:

MAS Denies Operating License For FTX

The Monetary Authority of Singapore (MAS) said that FTX.com does not operate and is not licensed in Singapore. However, admitting this does not stop people from investing through the platform. For more specific information, you can read the article below:

Crypto Lender Salt Stops Withdrawals Due To The Impact Of The FTX

A business email sent to customers by the cryptocurrency lending platform Salt states that withdrawals and deposits have been suspended. For more specific information, you can read the article below:

Alameda-Backed DeFi Projects Maps.me And Oxygen Troubled With FTX

Maps.me and Oxygen, two DeFi projects supported by Alameda Research, claimed that FTX, the defunct cryptocurrency exchange, still holds more than 95% of the total supply of their tokens. For more specific information, you can read the article below:

Digital Surge Suspended Deposits And Withdrawals Due To The Impact Of FTX

Digital Surge, appears on the list of crypto exchanges affected by the regulation of FTX Australia. All customer deposits and withdrawals have been suspended until further notice. For more specific information, you can read the article below:

You may refer to the next part of the summary to see more about what happened with FTX and its surrounding entities:

• Summarize The Impacts Of FTX Collapse | Part 1
• Summarize The Impacts Of FTX Collapse | Part 2
• Summarize The Impacts Of FTX Collapse | Part 3

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.

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