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Crypto firm Multicoin expects contagion from FTX to wipe out many trading firms in coming weeks

Por: CNBC Tech November 18, 2022

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FTX logo displayed on a phone screen and representation of Bitcoin cryptocurrency are seen in this illustration photo taken in Krakow, Poland on November 14, 2022.Jakub Porzycki Nurphoto Getty ImagesCrypto venture firm told investors in a letter on Thursday that FTX's collapse and the price declines across the industry has pushed the fund down by 55% this month, and added that the market is poised to get worse before it rebounds.Multicoin... + full article



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