Ikigai and BlockFi reveal their exposure to FTX

Ikigai and BlockFi reveal their exposure to FTX

Crypto asset manager Ikigai is the latest firm to reveal it held a majority of its funds with FTX on Monday, while troubled lender BlockFi has engaged Berkeley Research Group.

“We had a large majority of the hedge fund’s total assets on FTX. By the time we went to withdraw Monday [morning], we got very little out,” Ikigai Chief Investment Officer Travis Kling said over Twitter. “We’re now stuck alongside everyone else.”

Kling added in his announcement that the hedge fund would also make…


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