Sequoia: FTX Is Worth $. Crypto Disaster Places Institutions in Scorching Drinking water.

Undertaking capital powerhouse

Sequoia

states that the value of its investment in distressed crypto exchange FTX has been marked down to $.

That represents a $214 million loss. Other institutional investors are likely to abide by.

Undertaking capital powerhouse

Sequoia

states that the value of its investment in distressed crypto exchange FTX has been marked down to $.

That represents a $214 million loss. Other institutional investors are likely to abide by.