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TechFlow news, according to the Financial Times, Tyr Capital, a Geneva-based crypto hedge fund, is being sued for allegedly ignoring internal risk limits and investor warnings about its exposure to FTX. The lawsuit was filed by TGT, a fund that previously partnered with Tyr and is now attempting to liquidate the portfolio and take control of remaining assets, including a $22 million claim against FTX.
According to the Financial Times, Tyr Capital, a Geneva-based crypto hedge fund, is being sued for allegedly ignoring internal risk limits and investor warnings about its exposure to FTX. The lawsuit was filed by TGT, a fund that previously partnered with Tyr and is now attempting to liquidate the portfolio and take control of remaining assets, including a $22 million claim against FTX.
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