Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’

Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’


According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry” about the turn of events.

Galois Capital Tells Clients Half of the Company’s Capital Got Stuck on FTX, Recovering Assets Could Take Years, Co-Founder Says

On Nov. 11, 2022, the Financial Times (FT) reported on a letter sent to investors stemming from the crypto hedge fund Galois Capital. According to the letter, Galois co-founder Kevin Zhou explained that roughly half of the company’s capital is “stuck on FTX.” FT reports that Galois’ assets under management (AUM)

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