Belgium-based quantitative trader Kasper Vandeloock is planning his rebound after taking a major hit on FTX.
Belgium-based trader Kasper Vendeloock has started a Luxembourg-based fund focused on trading in liquid tokens.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Belgium-based quantitative trader Kasper Vandeloock, 23, raised $450,000 for his new fund Musca Capital as he attempts to bounce back from losing the majority of his net worth on collapsed crypto exchange FTX.
Vandeloock, known in the crypto circles partly for his trading acumen but also for his parrot named Kiko, said he has been rebuilding his trading systems for the last two years. With the funds, he plans to work on some automated strategies, mostly directional ones. He will start with trading liquid tokens on centralized exchanges.Over the last few years, Vandeloock found success with a few key trades.
Yet after building up a sizable net worth, Vandeloock made the mistake of keeping nearly all of it on FTX, an exchange that he had trusted and had personal connections with. When the exchange collapsed in November 2022, more than 90% of his funds were stuck there. Only bankruptcy proceedings will see any of the funds get returned.
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