Market Cap: $2,970,819,928,642
24h Vol: $83,315,214,060
Cryptocurrencies: 28134
Markets: 116837
Cryptocurrencies: 28134
Markets: 116837
Market Cap: $2,970,819,928,642     
24h Vol: $83,315,214,060
cryptonews 2022-11-23 13:50:00

Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX

Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX
In a rare move, American venture capital firm Sequoia Capital reportedly apologized to its fund investors for the $150 million it had lost on the now-bankrupt crypto exchange FTX. The apology was reported by the Wall Street Journal, citing people familiar with the matter. Sequoia’s partners reportedly told the fund investors on a call on Tuesday that the firm would improve its due-diligence process when it comes to future investments.... Read More: Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX
esptco-banner img
Latest News

Videos

  • What is Bitcoin (BTC) & How it Works? Simply Explained!

  • CEX vs DEX: Which Type of Crypto Exchange Is Better?

  • Bitcoin Cash: What is Bitcoin Cash (BCH)? EXPLAINED!

  • Ripple XRP: What is Ripple XRP? EXPLAINED!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire