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TechFlow News, Jakob Palmstierna, CEO of crypto market maker GSR, stated that the firm has no risk exposure to Alameda and only single-digit percentage exposure to FTX relative to its corporate cash balance. The company will bear any customer losses resulting from FTX's collapse and will cease trading on the cryptocurrency exchange Huobi.Source link
GSR CEO Jakob Palmstierna said the firm has no risk exposure to Alameda and only single-digit percentage exposure to FTX relative to its corporate cash balances. The company will absorb client losses resulting from FTX's collapse and will cease trading on the cryptocurrency exchange Huobi.
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