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TechFlow news — Multicoin Capital's November investor statement, disclosed by Three Arrows Capital creditor Soldman Gachs on Twitter, reveals that the firm's assets under management have plummeted by as much as 90% over the past 11 months.
Earlier reports indicated that due to the FTX bankruptcy event, Multicoin lost approximately 55% of its assets within roughly two weeks.Source link
Solman Gachs, a Three Arrows Capital creditor, revealed on Twitter having received Multicoin Capital's November investor statement. The statement shows that over the past 11 months, Multicoin's assets under management have declined by as much as 90%. ChainCatcher previously reported that due to the FTX bankruptcy event, Multicoin's assets under management dropped 55% in about two weeks.
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